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Boeing seeks to borrow $10 billion or more as 737 Max crisis wears on
Boeing Co (BA.N) is in talks with banks about borrowing $10 billion (£7.7 billion) or more amid rising costs after the two fatal 737 Max crashes, CNBC reported on Monday citing people familiar with the matter. (www.cnbc.com) More...Sort type: [Top] [Newest]
Whatever cost savings Boeing realized by short changing the MAX development and certification is certainly gone now.
2,800 fuselage workers should be compensated instead of a disgraced CEO going off with $60 million. How does laying off workers encourage loyalty.
Couldn’t agree more. My blood pressure shot up when I read this article. Make sure your stockholders are all taken care of because they need that money more than the factory worker supporting a family.
Airbus can now charge premium prices for their range for the next 20 yrs who will want to fly on the max ?
Boeing v airbus quality finally put to bed
Boeing v airbus quality finally put to bed
It's time for airlines to move on with different aircraft. The airlines who own Max aircraft should fly them all back to Seattle, park them at Boeing Field, and demand their money back.
Then hurry up and wait the better part of a decade for your replacement to be assembled and delivered.
Great idea.
Great idea.
Boeing merged with McDonnel Douglass. Boeing used to be a company that didn't care what it cost to design and build a new air frame. McDonnel Douglass was a penny pincher, and a failing business. When the two merged, the intent was for Boeing to control it all, but it wound up McDonnel Douglass being the one in control, thus McDD's penny pinching is what brought about the constant reinvention of the 737