Cost overruns for the new Air Force One jets continue to pile on massive losses for Boeing. Boeing on Wednesday reported another $482 million in red ink on the contract to retrofit two 747 jets ...

The contract for the new Air Force One was initially awarded to Boeing in 2018, when it received a $3.9 billion contract to build two new 747-8 aircraft for use as Air Force One that were to be ...

Boeing has faced numerous problems with the VC-25B program, including shortages of workers and parts, that have delayed delivery of the first of two Air Force One jets until 2027.

The contract for the new Air Force One was initially awarded to Boeing in 2018, when it received a $3.9 billion contract to build two new 747-8 aircraft for use as Air Force One that were to be ...

Boeing was supposed to deliver a replacement for Air Force One last year, but significant delays have cost the plane maker billions on the project.

The new Air Force One planes face the possibility of missing their 2024 deadline as Boeing faces a number of issues, including a legal dispute, production issues and a loss over the past year. The ...

WASHINGTON — Boeing’s defense unit recorded a $924 million loss in the third quarter of 2023, primarily dragged down by rising costs on its VC-25B Air Force One program.

But he ruled out Boeing's rival Airbus AIR.PA as an alternative. There was no immediate comment from Boeing. On Tuesday, a White House official said Boeing's Air Force One program could be delayed ...

The Air Force says the decision came down to the American-made 747-8 or the Airbus A380, which is manufactured in France. But even with that pick, the 747 program might not last much longer.

Read more: Boeing CEO says Musk 'helping in a big way' on timing of Air Force One planes But he ruled out Boeing's rival Airbus AIR.PA as an alternative. There was no immediate comment from Boeing ...