Due to the new presidential aircraft, Boeing is struggling with losses.
Boeing ended the second quarter with losses larger than expected, primarily due to the ongoing Air Force One program. However, the aircraft manufacturer was also able to increase revenues in several business segments, and its free cash flow significantly exceeded analyst expectations, according to CNBC.
Boeing ended the second quarter with losses larger than expected, primarily due to the long-running Air Force One program. However, the aircraft manufacturer was able to increase revenues in several business segments, and its free cash flow significantly exceeded analysts’ expectations, according to CNBC.
