Boeing plans to raise $10 bn through a stock offering

11:06 - 2.10.2024


October 2, Fineko/abc.az. Boeing Corporation plans to raise at least $10 billion through the placement of new shares. Finances are needed to replenish reserves depleted, including by the strike of employees.

ABC.AZ reports, citing Bloomberg, that the capital raising is unlikely to happen in the next month, even if Boeing is able to end the strike.

First, the company wants to calculate the financial losses due to the protest of over 30,000 employees.

The strike, now in its third week, has exacerbated Boeing's problems caused by the January incident with its aircraft, which forced the company to slow down production of 737 Max airliners.