New York, July 28, 2026 (AFP) - Boeing reports loss on costs from US presidential plane

NAMPA / AFP

2026-07-28

Boeing reported a bigger-than-expected loss Tuesday fuelled by $280 million in additional costs in outfitting two US presidential planes, but said broad-based revenue growth showed progress after several troubled years. The US aerospace giant scored an eight percent increase in revenues to $24.6 billion on increased commercial plane deliveries and higher volume in defense, space and security. Boeing reported a second-quarter loss of $428 million,......

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