I'm not happy with Boeing, Trump says over Air Force One
Published On Feb 20, 2025, 1:21 AM
President Trump expressed dissatisfaction with Boeing's progress on building two new Air Force One planes, which are behind schedule, having been initially set for delivery in 2024 but now pushed to 2027 or 2028. Trump indicated he may seek alternatives, potentially considering used planes if Boeing does not improve their timelines. This follows a difficult year for Boeing, where losses were reported due to ongoing issues with their commercial aircraft unit and defense programs, and strikes affecting operations.
Stock Forecasts
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Negative
Trump's dissatisfaction and potential for seeking alternatives may negatively affect Boeing's reputation and stock as delays continue. The aerospace giant is already struggling financially, and any further public criticism could exacerbate investor concerns.
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