Air Force One debacle: Boeing has now lost more than $1 billion on each of the president’s two new jets

Air Force One debacle: Boeing has now lost more than $1 billion on each of the president’s two new jets

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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 into the next generation of the presidential plane. Boeing has now lost more than $1 billion on each of…

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