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Few companies have lost more than the $32 billion that Boeing has lost in the last five years. And fewer companies could lose that kind of money and not be facing bankruptcy — or worse.
New York CNN — For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last thing it needs. But that’s the reality for embattled...
Belatedly, Boeing’s current leaders, overwhelmed by criticism, mockery and outrage since January, have finally admitted publicly that some key strategies they pursued for decades were flawed.
But even more important is this: Boeing isn’t about to go bankrupt. This situation is very different from the crises companies failed during the great recession and the pandemic.
Morgan Stanley, a bank, estimates that the strike will cost Boeing $2bn of cash a month at a time when its finances are already under strain. To conserve funds, Boeing said on September 18th...
The most likely scenario, according to the analyst, is a $60 billion bailout in a mixed loan. Epstein explained, “We envision a bailout could be a mix of direct support for Boeing and a...
Congressional scrutiny of Boeing has ramped up since a Jan. 5 incident on an Alaska Airlines flight. But whether that scrutiny will drive any reform in Washington, D.C., remains an open...
Embattled aerospace giant Boeing faces a monumental choice: Plead guilty to a felony fraud charge for its role in past deadly plane crashes, or roll the dice on a high-profile trial against the...
Aboulafia suggested there could be a number of executives who have left Boeing who might be good fits if they could come back, although their age could be an issue.
Few American companies have struggled as mightily as Boeing over the past five years, and Federal Trade Commission Chair Lina Khan is placing some of the blame at the feet of U.S. policymakers.