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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
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jetmaker bolsters finances worsened by a crippling strike, but the timing remains unclear,
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 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.
Boeing prepares layoff notices for thousands of workers
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.
Boeing to Issue Layoff Notices Amid Strikes, Cut 17,000 Jobs
Boeing plans to send layoff notices to thousands of employees as the company struggles with ongoing strikes and financial turmoil. Acting U.S. Labor Secretary Julie Su is in Seattle to mediate talks between Boeing and union workers,
Boeing to send pink slips to thousands of workers within weeks as January layoffs loom: report
Boeing will send layoff notices to thousands of its employees within the coming weeks and a senior US official has flown to Seattle to encourage negotiations between the planemaker and the union, according to a report.
Ryanair, Boeing
Ryanair Says Boeing Delivery Delays to Slow Growth Next Year
Ryanair Holdings Plc said a strike at planemaker Boeing Co. has compounded aircraft-delivery delays, crimping the outlook for passenger growth next year at the European budget carrier.
Ryanair warns of fewer flights next summer due to Boeing aircraft delays
Ryanair has warned it will fly fewer passengers than planned next summer because of delivery delays from Boeing, as airline frustration at the crisis-hit manufacturer mounts. The low-cost airline is Boeing’s largest customer in Europe and is scheduled to receive 30 Boeing 737 aircraft between March and June next year to help it meet ambitious growth targets.
Exclusive-Ryanair to cut traffic estimate for next year due to plane delivery delays
Ryanair will have to revise down its passenger traffic estimates for next year because of expected aircraft delivery delays from Boeing, the budget airline's group CEO Michael O'Leary told Reuters on Wednesday.
CNN on MSN
21h
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 ...
20h
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 ...
14h
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 ...
18h
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 ...
1d
on MSN
Troubled Boeing signals it may raise up to $25 billion to shore up finances
SEATTLE -- Boeing signaled Tuesday that it could raise up to $25 billion in new stock or debt to shore up its balance sheet ...
1d
Boeing enters $10 billion 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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