Boeing’s Strike Halts

Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain

The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.

Business - The Wall Street Journal - October 15

Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...

World - The Guardian - October 15

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...

Has Boeing done enough to avoid the credit rating junk yard?

Plane maker is burning through an estimated $1bn a month during a strike by its largest labour union

Business - Financial Times - October 15

Ryanair warns of fewer flights next summer due to Boeing aircraft delays

Airlines are increasingly frustrated by the global shortage of new planes

Business - Financial Times - October 16

BoE watchdog to signal more rules can be eased to support growth

Sam Woods to rebuff criticism that PRA is not doing enough to boost economy at annual City dinner

Business - Financial Times - October 17

Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector

Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...

Politics - The Hill - October 17

Here’s Why NASA Sidelined Boeing’s Troubled Space Capsule for a Year

The space industry is changing, making more room for private companies. SpaceX is a big player, but some startups are trying to be part of plans for the International Space Station’s replacement.

Business - Inc. - October 17

Boeing Has a $15 Billion Plan to Weather Company Turbulence

The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.