With $25B Debt Raise, Boeing Is Now ‘Owned By The Banks’

This post was originally published on this siteBoeing sold $25 billion in bonds to investors Thursday, a massive offering that allows the company to avoid taking aid from the federal government

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Boeing-Embraer Deal Collapses

This post was originally published on this siteBoein BA g has abandoned a deal to buy 80% of Embraer’s commercial aircraft business for $4.2 billion, stating Saturday morning that the

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United Gives First Glimpse Of How Ugly First Quarter Was For US Airlines With $2.1B Pre-Tax Loss Warning

This post was originally published on this siteUnite UAL d Airlines estimates it lost $2.1 billion on a pre-tax basis in the first quarter and has applied to borrow up to $4.5 billion from the

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This Big Boeing 737 MAX Order Cancellation Could Be Start Of A Wave

This post was originally published on this siteThe plane-leasing firm Avolon has canceled orders for 75 737 MAXs worth $8 billion at list value, it said Friday, in what could be the beginning of

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Boeing To Reduce Workforce With Output Cuts Likely Ahead

This post was originally published on this siteBoeing BA will offer its workers buyouts as it seeks to adjust to a future of lower demand for airliners, and signaled that layoffs could follow.

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Boeing Suspends Dividend, Top Execs Give Up Pay As They Wait For Bailout

This post was originally published on this siteBoeing will stop paying dividends and CEO David Calhoun and Chairman Larry Kellner will give up their salary this year, the company announced Friday

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Boeing Seeks $60 Billion Bailout For US Aerospace

This post was originally published on this siteBoeing called for $60 billion in financial support for U.S. aerospace companies Tuesday as they struggle with a steep falloff in revenue amid the

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Boeing Seeks $60 Billion Bailout For US Aerospace

This post was originally published on this siteBoeing called for $60 billion in financial support for U.S. aerospace companies Tuesday as they struggle with a steep falloff in revenue amid the

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Warren Buffett And The Biggest Losers From The Airline Coronavirus Selloff

This post was originally published on this siteThe founders and CEOs of airlines and their major investors have taken it on the chin financially as the coronavirus pandemic has spread worldwide.

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Boeing Stock Plunges As Coronavirus Imperils Quick Ramp Up In 737 MAX Deliveries

This post was originally published on this siteBoeing shares fell to their lowest level in two-and-a-half years on Wednesday as the plane maker told employees it would take steps to conserve cash

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