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Boeing plans to raise up to $35B to shore up finances
Boeing Hones $15 Billion Financing Plan to Weather Crises, Sources Say
The company said on Tuesday in regulatory filings that it could raise as much as $25 billion in stock and debt with its investment-grade credit rating at risk. One of the sources cautioned that a $15 billion sale may not be enough for Boeing to address its ongoing crises.
Boeing plans to raise up to $35B to shore up finances as strike continues
Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.
Boeing lines up $35 billion in funds as strike hammers finances
Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and a $10 billion credit agreement with major lenders amid a production and regulatory crisis.
Airbus, Boeing
Boeing’s Big Layoffs Are Hitting the Industry. Airbus Is Cutting Jobs, Too.
Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers.
Airbus says assessing financial impact of job cuts
Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their financial impact, the company told analysts on Wednesday. "We are currently in the early-stage assessment of the potential financial impact and a restructuring provision is expected to be recognised once necessary conditions are fulfilled,
Boeing's European rival Airbus is cutting up to 2,500 jobs at its space and defense unit
Airbus, the European aviation giant, is cutting up to 2,500 jobs in its space and defense unit. A person with knowledge of the move confirmed the cuts to Business Insider but did not want to be named as they were not authorized to speak publicly.
36m
on MSN
Boeing Can Actually Help Its Stock by Selling More Shares. Here’s How.
Investors believe a Boeing stock sale is coming. Exactly when and how much the company will raise remains a mystery.
CNN on MSN
22h
What Boeing’s massive financial crisis means for you
Boeing
’s finances are a multi-billion-dollar problem for the company, its employees, suppliers and airline customers. The ...
21h
on MSN
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 ...
15h
Boeing Closing In on Plan to Raise $15 Billion in Stock, Bonds
Boeing Co. is considering raising about $15 billion in a sale of shares and a mandatory convertible bond, Reuters reported, ...
1d
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 ...
1d
Boeing to raise as much as $25 billion to avert cash crunch
Boeing aims to raise much as $25 billion, giving the troubled planemaker the financial resources to withstand a strike and ...
1d
on 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 ...
19h
Airbus, Boeing aircraft delivery delays not improving, IATA head says
Delivery delays from planemakers Airbus and Boeing are "massively frustrating" and are not yet getting better, the head of ...
1d
on MSN
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 ...
13h
on MSN
The judge handling Boeing’s plea deal asks Justice Department to explain its diversity policy
The federal judge considering Boeing’s plea deal with prosecutors wants to know how the Justice Department’s diversity, ...
2d
Boeing prepares layoff notices for thousands of workers as turmoil deepens
Oct 14 (Reuters) - Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a ...
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