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

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 billion line of credit.

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.

Wall Street Journal · 2h

Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain

The jet maker will raise at least $10 billion in its stock offering and secure a new credit line.

Boeing to issue layoff notices to thousands

U.S. News & World Report · 3h

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 · 14h

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 · 14h

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,

777X, Boeing and Emirates

Business Insider · 4h

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 · 6h

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 · 21h

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 will lay off 10% of its employees

Business Insider on MSN · 5h

Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts

Boeing announced it has entered a credit agreement with four banks to raise $10 billion as a mass strike enters its fifth week.

YAHOO!News · 2d

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.

Journal Record · 9h

Boeing will lay off 10% of employees

Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.

33mOpinion

Boeing Is Flexing the Financial Muscle It Has Left

Boeing Co. is flexing its financial muscle even in light of a crippling labor strike and a disgraceful period of execution ...

1hon MSN

Troubled Boeing signals it may raise up to $25 billion to shore up finances

Boeing is moving toward raising up to $25 billion to shore up its troubled financial position. The company signaled Tuesday ...

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 ...

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 ...

Boeing files registration statement for securities, stock sale of up to $25 bln

Boeing filed a registration statement with the U.S. markets regulator on Tuesday that will allow the planemaker to raise up ...

1hon MSN

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over ...

Missouri gave Boeing tax breaks to keep, add jobs. Has it delivered?

Boeing has cut a deal with St. Louis County to build a new manufacturing facility, add hundreds of jobs and keep thousands ...

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 ...

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