Boeing is seeking £27billion of fresh funding to shore up its battered finances in the face of crippling strikes.
The troubled plane maker wants to raise £19billion through a combination of bonds and shares while also agreeing an £8billion credit line.
‘These are two prudent steps to support the company’s access to liquidity,’ a spokesman for the US company said.
Plane maker Boeing wants to raise £19bn through a combination of bonds and shares while also agreeing an £8bn credit line
Boeing has been rocked by strikes that are costing it more than £750million a month.
The American giant is also fighting to restore its reputation after a mid-air blowout left a gaping hole in the side of a new 737 Max jet in January.
That followed two fatal crashes in 2018 and 2019, which resulted in the deaths of 346 people.
The company has already announced plans to cut 17,000 jobs – or 10 per cent of its global workforce.
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