Boeing recorded a net loss amounting to $428 million during the second quarter of this year, due to the high engineering and operational costs necessary to ensure the delivery of the two US presidential planes by 2028, after the program was four years behind its original schedule and exceeded its planned budget by more than a billion dollars.

Despite the financial pressures resulting from the presidential jet program, the company achieved a remarkable operational recovery; It recorded positive free cash flow of $631 million, and its revenues increased by 8% to reach $24.6 billion, exceeding market expectations supported by the acceleration in the pace of commercial aircraft deliveries and increased customer payments.

The company’s management confirmed the stability of its expectations of achieving a positive free cash flow of between one billion and three billion dollars during the current year, based on the stability of supply chains and the increase in production rates of “737 MAX” aircraft, which indicates a gradual recovery path despite the burdens of fixed-price defense contracts.