Boeing posts loss in first quarter as it takes hit on Air Force One work

Boeing reported a loss in its first quarter (Elaine Thompson/AP)

Boeing has reported a wider than expected first-quarter loss and took another charge on its programme to build two new Air Force One presidential planes after firing a contractor it hired to help perform the work.

The company did not provide a timetable for fixing the latest problem with its 737 Max jet, an electrical issue that has forced airlines to park more than 100 of the planes.