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Boeing seeks to borrow $10 billion or more as 737 Max crisis wears on
Boeing Co (BA.N) is in talks with banks about borrowing $10 billion (£7.7 billion) or more amid rising costs after the two fatal 737 Max crashes, CNBC reported on Monday citing people familiar with the matter. (www.cnbc.com) Más...Sort type: [Top] [Newest]
Boeing merged with McDonnel Douglass. Boeing used to be a company that didn't care what it cost to design and build a new air frame. McDonnel Douglass was a penny pincher, and a failing business. When the two merged, the intent was for Boeing to control it all, but it wound up McDonnel Douglass being the one in control, thus McDD's penny pinching is what brought about the constant reinvention of the 737
There was a joke going around Seattle that "McDonnell Douglas bought Boeing with Boeing's money" and more than one analyst used the term "reverse takeover."
I should mention that merger happened in the 90's
can't boeing just sue somebody.
that's how boeing does things.
engineering design by lawfare.
ever since that day in 1997.
that's how boeing does things.
engineering design by lawfare.
ever since that day in 1997.
Borrowing money for good entrepreneurial purposes is one thing...borrowing it to essentially stay afloat is another thing altogether. This is not good news. Just think...they used to be the worlds number one.
2,800 fuselage workers should be compensated instead of a disgraced CEO going off with $60 million. How does laying off workers encourage loyalty.
Couldn’t agree more. My blood pressure shot up when I read this article. Make sure your stockholders are all taken care of because they need that money more than the factory worker supporting a family.