Boeing to raise up to $19bn amid costly strike and safety crisis

Boeing to raise up to $19bn amid costly strike and safety crisis

Boeing, Airline industry, Business, US news, UK news, Manufacturing sector, Aerospace industry Business | The Guardian

​US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheetBusiness live – latest updatesBoeing has said it intends to raise as much as $19bn (£14.6bn) as it tries to shore up its finances amid a costly worker strike and an ongoing crisis about the safety of its aeroplanes.The US manufacturer said on Monday it would sell 90m common shares, raising about $14bn, plus another $5bn in depositary shares. Continue reading… 

US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet

Business live – latest updates

Boeing has said it intends to raise as much as $19bn (£14.6bn) as it tries to shore up its finances amid a costly worker strike and an ongoing crisis about the safety of its aeroplanes.

The US manufacturer said on Monday it would sell 90m common shares, raising about $14bn, plus another $5bn in depositary shares.

Continue reading… 

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