Boeing is in talks to borrow $10 billion or more as 737 Max crisis wears on

Boeing is in talks to borrow $10 billion or more as 737 Max crisis wears on

Boeing is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. plane maker after two crashes involving its 737 MAX jetliner. The Seattle-based company has so far secured at least $6 billion from a group of banks, and is talking to other lenders about more. Analysts estimate that Boeing has been losing around US$1 billion a month because of the grounding.

Chris
Chris
Fin
Fin 3 months

Don't give em another dime

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