Boeing posts wider loss than expected as Air Force One costs weigh on results

A Boeing Co. 737 Max airplane at the company's manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty ImagesBoeing reported a wider-than-expected loss for the second quarter as the aircraft manufacturer's long-delayed Air Force One program weighed down results.Boeing took a $280 million loss on the program to deliver two 747s that will serve as the next-generation Air Force One aircraft to the U.S. government as it said it ramped up investment for that plane. It said it still expects the first delivery in 2028."While we're making progress on our development programs, you're never done until you're done," CEO Kelly Ortberg said in a note to staff.Ortberg told CNBC's "Squawk on the Street" that the Air Force One program is through the design phase."It's very important to our customer that we deliver that airplane on time," he said. "We're gonna put more resources on to make sure that we do that."President Donald Trump this month took his first flight on a luxury Boeing 747 gifted by Qatar that was meant to serve as the new Air Force One while Boeing works on the upcoming jets. That jet's security was reportedly called into questi...