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Boeing to Sell Stock to Raise Cash. It Isn’t About Strike.

Hosted on MSN · 1h

Boeing is raising $10 billion from 4 major banks — and could sell another $25 billion in securities

Boeing has faced a litany of challenges in 2024, including the Alaska Airlines blowout, a mass strike, job cuts, and a CEO change.

Barron's on MSN · 2h

Boeing to Sell Stock to Raise Cash. It Isn’t About the Strike.

Aerospace firm Boeing disclosed it plans to raise up to $25 billion by selling securities. The company had about $20 billion in total liquidity at the end of September.

Seattle Times · 1h

Boeing aims to raise as much as $25 billion

Boeing aims to raise much as $25 billion, giving the troubled planemaker the financial resources to withstand a strike and work its way through a series of setbacks.

777X, Boeing and Emirates

Business Insider · 2h

Emirates really isn't happy with Boeing — and is planning a 'serious conversation' about the latest 777X delay

Emirates is the biggest customer for the Boeing 777X, and its president is not impressed with the latest delay announced by the embattled planemaker.

Hosted on MSN · 4h

Dubai’s Emirates Airline chides Boeing over fresh 777X delay

With the delay in Boeing 777X model, Emirates has been compelled to implement a costly retrofit program to extend the service life of its existing jets

Daily Mail on MSN · 19h

Boeing announces massive job cuts and another delay to savior 777X jet

CEO Kelly Ortberg told employees that the downsizing was needed 'to align with our financial reality' in the face of a damaging strike by machinists.

Boeing to issue layoff notices to thousands

U.S. News & World Report · 1h

Boeing Prepares Layoff Notices for Thousands of Workers as Turmoil Deepens

Boeing will refrain from asking for voluntary departures to limit severance cash and avoid an exodus of skills, sources said, adding the company will rely solely on involuntary layoffs. Rivals are scooping up scarce labor to relieve pressure on aerospace supply chains.

Seattle Times · 12h

Boeing layoff plan suggests deep white-collar job cuts

The Boeing layoffs announced last week will all be involuntary. And Machinists union members will, for now, not be laid off, implying heavy cuts among white-collar staff.

Reuters on MSN · 12h

Boeing to issue layoff notices to thousands next month, union and source say

November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday.The Worker Adjustment and Retraining Notifications,

2hon MSN

Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars

Cash-starved Boeing, contending with massive financial losses from a crippling strike and years of operational and safety ...

2hon MSN

Boeing could raise up to $25 billion in debt or equity over next three years

Boeing Co.’s stock BA rose 0.9% premarket Tuesday, after the aerospace giant, under pressure to boost liquidity, filed a $25 ...

1h

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 ...

4h

Boeing enters $10 bln credit agreement with banks amid crippling strike

Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker ...

6hon MSN

Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help

Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on the East and Gulf Coast ...

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