Boeing plans full drawdown of $13.8 billion loan: Bloomberg News

South Africa News News

Boeing plans full drawdown of $13.8 billion loan: Bloomberg News
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Boeing Co is planning a full drawdown of a $13.8 billion loan as early as Friday...

FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid - RC1901E5ACE0/File Photo

- Boeing Co is planning a full drawdown of a $13.8 billion loan as early as Friday, as the U.S. based plane-maker struggles with worldwide travel disruptions from the coronavirus, Bloomberg reported on Wednesday, citing unnamed sources.Reporting by Rachit Vats in Bengaluru; editing by Patrick Graham

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet Amazon's bestselling leggings — quality and 'buttery' feel with a shockingly low, low price—starting at $13Meet Amazon's bestselling leggings — quality and 'buttery' feel with a shockingly low, low price—starting at $13Amazon's best-selling leggings have over 19,400 positive reviews. Here's why shoppers love them so much!
Read more »

Ethiopia Blames Design, Training Problems in Boeing 737 MAX CrashEthiopia Blames Design, Training Problems in Boeing 737 MAX CrashFaulty aircraft design and inadequate pilot-training recommendations from the manufacturer led to the fatal crash of a Boeing 737 MAX jet after takeoff from Addis Ababa in Ethiopia a year ago, according to Ethiopian investigators.
Read more »

Ethiopian Officials Say Faulty Boeing Software Played Role In Deadly 737 Max CrashEthiopian Officials Say Faulty Boeing Software Played Role In Deadly 737 Max CrashEthiopian investigators say a flawed flight control system, triggered by faulty sensor data, is at least partly to blame for last year's crash of a 737 Max airplane operated by Ethiopian Airlines.
Read more »

Boeing airworthiness takes new viral hitsBoeing airworthiness takes new viral hitsThe aircraft maker’s shares have plunged 25% in under a month – double the damage to the S&P 500. On top of the 737 MAX grounding, a possible pandemic weakens Boeing’s airline customers while also disrupting its supply chain. New CEO David Calhoun needs more than an apology tour.
Read more »

Boeing shares plunge on coronavirus, 737 MAX wiring bundle setbackBoeing shares plunge on coronavirus, 737 MAX wiring bundle setbackShares of Boeing Co dropped more than 12% on Monday amid a broader market plunge...
Read more »

Ethiopian investigators blame 737 Max crash mostly on Boeing softwareEthiopian investigators blame 737 Max crash mostly on Boeing softwareEthiopian investigators are mostly blaming Boeing for the crash of a 737 Max jet, saying in an interim report that there were design failures and inadequate training for pilots.
Read more »



Render Time: 2025-04-02 03:32:35