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Boeing Posts Wider Loss Than Expected Due to Air Force One Costs

Boeing's Bumpy Ride to Air Force One Boeing's latest financial report highlights the company's struggles with several high profile projects, particularly the development of the next generation Air Force One.

The $280 million loss on this program is a significant blow to the aircraft manufacturer's bottom line and raises questions about its ability to deliver complex projects on time.

The Air Force One debacle is part of a larger trend in which Boeing has become mired in controversy and cost overruns, including the 737 Max grounding and delays with the 777X.

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