Boeing reports a larger-than-expected loss for the second quarter of 2026, attributing a $280 million charge to its VC-25B Air Force One program. Multiple outlets say the loss is linked to higher costs and ongoing issues tied to the long-delayed presidential aircraft project. CNBC and Quartz describe the charge as weighing on the company’s results, while Air Force Times and Military Times also focus on the $280 million loss specifically connected to the VC-25B program.

Quartz adds that Boeing’s adjusted results reflect the impact of the charge, noting an adjusted loss of 76 cents per share versus an estimated 30 cents. The New York Times reports additional program-related factors, stating Boeing pushes delivery of two presidential planes back by four years, and that the delay and related expenses contribute to the larger loss.

Despite the quarterly loss, the Globe and Mail reports Boeing records $631 million in free cash flow in the quarter, compared with a negative $200 million in the second quarter of 2025, indicating cash generation despite weaker earnings.