Boeing Delays Air Force One Jets Delivery & Increases Price

Boeing has informed the US Air Force that the price of its next-generation presidential aircraft could increase, and more time to deliver will be required due to difficulties caused by the COVID-19 pandemic, as well as subcontractor issues. 

Boeing has received a $3.9-billion contract in July 2018 to build two 747-8 aircrafts for use as Air Force One, set for delivery by December 2024, but now it appears the deadline for delivery has extended itself for another year - Darlene Costello, the air force's acting assistant secretary for Acquisition, told a panel of the Armed Services Committee of the House of Representatives.

The leading planemaker has additional informed Air Force with a letter that they wish to begin the process of negotiating a price adjustment for the jets. 

"We continue to make steady progress on these programs and are working closely with the US Air Force”, a Boeing representative commented.

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