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Boeing is borrowing $10 billion as it burns cash fixing its issues
Boeing successfully raised $10 billion from public credit markets Monday, Bloomberg reports. The cash comes at a critical time when the company is still struggling to clean up the mess from its 737 Max 9 door plug blowout in January and get its production numbers back up to speed.
Boeing scores $10 billion bond financing in ‘much-needed’ liquidity boost
Fresh off reporting a more than $300 million quarterly loss, Boeing Co. saw robust demand on Monday for its $10 billion corporate-bond deal.
Boeing taps debt market to raise $10 billion, sources say
Boeing on Monday tapped debt markets to raise $10 billion, after the U.S. planemaker burned $3.93 billion in free cash during the first quarter as production of its best-selling jet declined, sources familiar with the matter said.
Boeing Secures $10 Billion Loan Amid Cash Drainage from Issue Resolutions
B oeing’s successful raising of $10 billion from public credit markets marks a pivotal moment for the aerospace giant as it grapples with ongoing challenges stemming from the 737 Max 9 door plug blowout incident earlier in the year.
2h
Here’s Why We Think Boeing Stock Is Undervalued At $170
The Boeing logo is seen at the Satellite 2024 conference ... [+] and exhibition in Walter E. Washington Convention Center ...
1h
on MSN
The emergency slide that came off a Delta 767 washed up in front of the house of a lawyer whose firm is suing Boeing over the Alaska blowout
The emergency slide that fell off a Boeing 767 was found by a lawyer at a firm suing the planemaker alleging it made false ...
1h
on MSN
American Airlines trims three routes from DFW Airport over Boeing delivery issues
Boeing’s aircraft delivery delays are forcing American Airlines to reduce three long-haul routes from DFW International ...
17h
Portland State University ‘pauses’ Boeing donations amid student protests
Students called on the school to cut ties with the weapons manufacturer, which donated $150,000 this year ...
23h
Congress has a lot to say about Boeing’s troubles. But what will it do?
Congressional scrutiny of Boeing has ramped up since a Jan. 5 incident on an Alaska Airlines flight. But whether that ...
13h
Boeing Gets a Welcome Respite With $10 Billion Bond Offering
Boeing Co. raised $10 billion from a bond sale on Monday that attracted about $77 billion of orders and allowed the ...
Space.com
19h
Boeing Starliner astronauts conduct dress rehearsal ahead of May 6 launch (photos, video)
NASA astronauts Barry "Butch" Wilmore and pilot Suni Williams finished a big dress rehearsal on Friday (April 26) for their ...
14h
Boeing firefighters hit picket lines as WA strike deadline looms
RENTON, Wash. - Members of the International Association of Firefighters Local I-66, representing firefighters at Boeing, ...
7h
Million-dollar guard shack in the works at Boeing's Cecil location
The project will be a one-story vehicle inspection station with a canopy cover and a pre-manufactured guard booth, records ...
18h
on MSN
Boeing’s Latest Safety Incident Teaches an Important Lesson
Any incident involving a Boeing jet will create a buzz after the emergency-door-plug blowout from a 737 MAX 9 jet operated by ...
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