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Boeing is seeking £27 billion of new funding to shore up its battered finances in the face of devastating strikes.
The troubled aircraft maker wants to raise £19bn through a mix of bonds and shares while agreeing an £8bn credit facility.
“These are two prudent measures to support the company’s access to liquidity,” said a spokesperson for the American company.
Aircraft maker Boeing wants to raise £19bn through a combination of bonds and shares while agreeing an £8bn credit facility.
Boeing has been hit by strikes that are costing it more than £750m a month.
The American giant is also struggling to restore its reputation after a mid-air explosion left a gaping hole in the side of a new 737 Max plane in January.
This was followed by two fatal accidents in 2018 and 2019, resulting in the deaths of 346 people.
The company has already announced plans to cut 17,000 jobs, or 10 percent of its global workforce.
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