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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 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, citing people familiar with the matter.
Boeing to issue layoff notices to thousands
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 senior U.S. official flew to Seattle to try to ease a crippling strike and a major airline issued a warning over the planemaker's deepening turmoil.
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.
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, Ryanair
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 the global airline body IATA said on Wednesday.
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.
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.
Hundreds of Boeing workers rally
Hundreds of Boeing workers rally in Seattle as strike enters second month
Boeing factory workers held 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 planemaker further into financial crisis.
Video: LIVE: Boeing factory workers rally in Seattle as strike enters second month
Boeing factory workers rally in Seattle as strike enters second month Boeing factory workers hold a rally in Seattle, Washington, to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.
Boeing factory workers will stage rally in Seattle as strike enters fifth week
Financial article discussing Boeing factory workers rallying for better pay to end strike, impacting production of key aircraft models.
CNN on MSN
15h
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 ...
14h
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 ...
7h
on MSN
Boeing closes in on $15 billion financing via stock, hybrid bonds
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet ...
6h
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, ...
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
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
Boeing is moving toward raising up to $25 billion to shore up its troubled financial position. The company signaled Tuesday ...
3h
on MSN
Washington lawmakers press Boeing, union to resolve monthlong strike
Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists ...
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