Boeing Plans to Raise $25 Billion Amid Financial Struggles

Reported about 3 hours ago

Boeing has indicated it may raise up to $25 billion through stock or debt offerings to strengthen its financial position after significant losses. The company has faced over $25 billion in losses since 2019 and is currently impacted by a prolonged strike at its aircraft assembly plant. In addition to raising funds, Boeing is making workforce cuts and delaying new aircraft model launches amidst ongoing production halts.

Source: YAHOO

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