Boeing Asks for $60 Billion in Aid for U.S. Aerospace Industry - News Summed Up

Boeing Asks for $60 Billion in Aid for U.S. Aerospace Industry


Boeing Co. said it was seeking at least $60 billion to aid the U.S. aerospace industry as the plane maker, its suppliers and airline customers face fallout from the growing coronavirus crisis. The Chicago-based giant said late Tuesday it was asking for support from private and public sources to aid it and the broader aerospace manufacturing sector. Boeing said the liquidity would include loan guarantees.


Source: Wall Street Journal March 18, 2020 00:45 UTC



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