EconomyLens.com
No Result
View All Result
Thursday, July 2, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Progress, further delay risk for Boeing Air Force One: report

Natalie Fisher by Natalie Fisher
July 2, 2026
in Business
Reading Time: 6 mins read
A A
7
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Trump made his first trip aboard the Qatar-donated Air Force One this week. ©AFP

New York (AFP) – Boeing has made progress on its much-delayed new planes for the US president — dubbed Air Force One when the leader is on board — but the project remains vulnerable to potential further postponement, a government report said Thursday. The order for two new specially equipped Boeing 747-8 aircraft, known as the VC-25B, are currently scheduled for delivery in mid-2028 and mid-2029. The planes were originally targeted for delivery by the end of 2024.

Related

Chanel eyes menswear with Charvet shirtmaker takevoer

German drone maker raises $1.2 bn as investors pile into defence

Cracking open a can of cannabis — America’s new pastime (for now)

EU top court upholds record 4.1 bn euro Google fine

‘Everybody’s profiting’: Trump defends $1bn crypto earnings

“Boeing made progress on some of the schedule risks that we previously reported,” including the completion of the engineering design for the environmental control system and hiring more qualified mechanics, according to an annual weapons report from the US Government Accountability Office. “Other schedule risks remain, including the detailed designs for the aircraft interiors, fabrication of the wire bundles, and rework to correct defects in structural modifications,” the report said.

Signed in 2018 during President Donald Trump’s first term, the contract aimed for initial delivery of a plane by the end of 2024. The famed aircraft has been back in the news this week when Trump, now back in office, took his first flight aboard a new Air Force One plane — a Boeing 747-800 gifted to him by Qatar last year and rapidly retrofitted. Trump used the plane to fly to North Dakota to attend an event at the Theodore Roosevelt Presidential Library as part of celebrations for the 250th anniversary of American independence.

Critics have raised a host of ethical, constitutional, and security concerns about the gifting of an aircraft worth hundreds of millions of dollars by a foreign power like Qatar. The Qatar plane is expected to serve as a stopgap until the Boeing planes are delivered. Boeing deferred questions about the timeframe to the Air Force but said it is an “honor to be entrusted” with the contract.

“We continue to make steady progress on the VC-25B program,” a Boeing spokesperson said. “Our focus is on delivering two exceptional Air Force One airplanes for the country.” In its most recent quarterly securities filing, Boeing described the work as a $4 billion fixed price contract “to develop and modify two 747-8 commercial aircraft.” The company in 2025 increased its projected loss from the contract by $60 million.

“We expect finalization of the contract terms to reset the schedule and adjust the requirements in 2026,” Boeing said in the filing. “Risk remains that we may record additional losses in future periods.” In its analysis, GAO said that the program could benefit from “leading product development practices” such as conducting digital engineering and developing a digital twin. The report also called for formal documentation in some areas. “Even though the VC-25B is well into development, the adoption of modern tools and methods could help ensure the system works as intended throughout operations and increase future agility so that the system remains relevant and effective,” the report said.

© 2024 AFP

Tags: air force oneBoeingDonald Trump
Share8Tweet5Share1Pin2Send
Previous Post

Tesla global auto sales jump 25% in 2nd quarter, beating expectations

Natalie Fisher

Natalie Fisher

Related Posts

Business

Trump defends earning more than $1bn on crypto

July 1, 2026
Business

Ride-share group BlaBlaCar taps AI for 20-country expansion

June 30, 2026
Business

Ultra-wealthy Chinese exile in New York sentenced to 30 years for fraud

June 29, 2026
Business

EU hits France’s Sanofi with flu vaccine antitrust probe

June 26, 2026
Business

US Supreme Court hands win to Bayer in weedkiller litigation

June 25, 2026
Business

Easyjet rejects latest takeover bid but leaves door ajar

June 25, 2026
0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
7 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Progress, further delay risk for Boeing Air Force One: report

July 2, 2026

Tesla global auto sales jump 25% in 2nd quarter, beating expectations

July 2, 2026

Albanian clashes as protest over Trump-linked resort boils over

July 2, 2026

Dollar down, stocks shine after disappointing US jobs data

July 2, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.