Boeing Reports Loss Over Costs Linked to US Presidential Plane
28 July 2026 5:31 PM IST28 July 2026 5:31 PM IST
The American aerospace giant reported a second-quarter loss of $428 million, smaller than in the year-ago period, but bigger than projected by analysts. Revenues rose eight percent to $24.6 billion.
US presidential planes (Image/X)
New York: Boeing reported a bigger loss than expected Tuesday due to additional costs connected to outfitting two US presidential planes, but said broad-based revenue growth showed its progress on a turnaround.
The American aerospace giant reported a second-quarter loss of $428 million, smaller than in the year-ago period, but bigger than projected by analysts. Revenues rose eight percent to $24.6 billion.
( Source : AFP )
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