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Boeing to Sell Stock to Raise Cash. It Isn’t About Strike.
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.
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.
Boeing, Needing Cash, Moves to Sell New Shares
The jet maker, in a pair of regulatory filings on Tuesday, told investors it could issue up to $25 billion in shares or debt during the next three years while also entering into a
Boeing's Labor Strike Enters Week 5
Boeing factory workers to rally in Seattle as strike enters second month
Boeing factory workers will hold a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the troubled planemaker further into financial crisis.
Boeing strike has already cost the company and workers $5 billion, new analysis shows
The multi-billion-dollar tab highlights the difficulties facing the aircraft maker, once a byword for American quality.
Boeing's Labor Strike Enters Week 5: How Bad Could This Get?
Depending on whom you ask, Boeing is losing anywhere from $1 billion per week (says The Washington Post) to $1 billion per month (says CNBC) as this strike drags on. Prior guesses have ranged as high as $100 million to $150 million per day (which works out to $3 billion to $4.5 billion per month).
30m
on MSN
Boeing lines up $35 billion in funds as strike hammers finances
Boeing filed papers with the U.S. markets regulator on Tuesday for raising up to $25 billion through a stock and debt ...
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 ...
2h
Boeing strike: What aircraft are affected?
Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest ...
31m
Boeing's strike costs soar: Planemaker aims to raise $25 billion to shield balance sheet
The new credit facility, which remains untapped, will provide “additional short-term access to liquidity as we navigate ...
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 ...
1h
on 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 ...
Flightglobal
1h
Boeing secures $10b in new credit and looks to raise another $25b
Boeing is taking steps to secure billions in additional funds as it works to bolster its troubled balance sheet amid a costly ...
17h
Strike-hit Boeing Leaves Experts Puzzled By Strategy
A historic round of cost-cutting measures at Boeing has left experts perplexed and wondering whether the aviation giant, ...
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