The record
Written from the 3 reports below. Nothing here is unsourced.
- Boeing reported a larger-than-expected second-quarter loss of $428 million, driven mainly by a $280 million charge on the delayed Air Force One replacement programme, whose two 747-8 aircraft are about four years behind schedule and more than $1 billion over budget.
- Despite the loss, the company generated $631 million in positive free cash flow and maintained its full-year forecast of $1 billion to $3 billion, which would be its first positive annual cash flow since 2023.
- Separately, the FAA has proposed checks on 453 US-registered 737 MAX jets after finding some passenger seats may have been incorrectly installed, a problem that could slow emergency evacuations.
What to watch next
- Further charges or delays on the Air Force One programme, with aircraft due by 2028
- Whether Boeing meets its full-year free cash flow target of $1-3 billion as 737 MAX production ramps up
- Finalisation of the FAA directive on 737 MAX seat inspections and fixes
What changed3
Every report on this story, newest first. Times are when each outlet published.
Coverage2
3 reports
English national3
All filed from IndiaSingle origin
Named United States · 737 MAX · 747-8 · 787 · Air Force One · Alaska Airlines · Boeing · Donald Trump · Federal Aviation Administration · IBA · Kelly Ortberg · LSEG · Qatar
- The Times of IndiaBoeing posts bigger-than-expected Q2 loss as Air Force One costs rise by $280 million[1]English national· neutral
- The Times of IndiaBoeing posts bigger-than-expected Q2 loss as Air Force One costs rise by $280 million[2]English national· neutral
- MintBoeing 737 MAX faces fresh safety concern as FAA proposes seat inspections[3]English national· neutral
The 3 reports are listed beside the record.
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