Boeing Secures $35 Billion Amid Labor Strike and Production Delays

Boeing 737 Max

 

Boeing has secured up to $35 billion in funding to address challenges caused by labor strikes and production setbacks. The company plans to raise $25 billion through stock and debt offerings, with an additional $10 billion credit agreement. The strike by over 32,000 workers has disrupted production, particularly for the 737 Max, 767, and 777 models. Operational hurdles, workforce reductions, and supply chain issues have further strained Boeing’s finances. Additionally, Boeing has agreed to reacquire Spirit AeroSystems for $4.7 billion to stabilize its supply chain.

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