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 (BA) on Tuesday said it would look to raise up to $25 billion by selling stock and debt, and it also entered a new credit agreement for $10 billion as a massive machinist strike continues.

Boeing is planning to lay off about 10 per cent of its global workforce in the coming months, about 17,000 people

Also warns it will fire thousands and keep making losses in space Aerospace outfit Boeing has again delayed its 777X jet – a product on which hot has hung all its hopes to help it turn around years of trouble – and warned of job cuts and further losses in its defence and space businesses.

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.

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.