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Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. For the full year 2024, Boeing logged a loss of $11.8 billion.
Boeing had cash and marketable securities of $10.50 billion as of Sept. 30. It has $11.5 billion of debt maturing through Feb. 1, 2026, and is committed to issuing $4.7 billion of its shares to ...
Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week, the company told employees Monday. Chief ...
Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and a $10 billion credit agreement with major lenders amid ...
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...
But Boeing’s news release highlights the company’s investment in workforce training, with “strengthened training for mechanics and quality inspectors with an enhanced support system,” as ...
(Reuters) -Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union ...
(Reuters) -Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jetmaker bolsters finances worsened by a crippling strike, but the ...