Boeing fights back with $35bn financing amid escalating worker strike

Boeing fights back with $35bn financing amid escalating worker strike

Boeing has secured $35 billion in financing to cushion itself against the financial ramifications of an ongoing workers’ strike, which has significantly hampered production and delivery schedules. The planemaker announced that it would raise $25 billion through stock and debt offerings, coupled with an additional $10 billion from four major banks. The strike, which involves […]