Cash-starved Boeing, contending with massive financial losses from a crippling strike and years of operational and safety problems, is turning to major banks and Wall Street to raise tens of billions of dollars in cash.

In a regulatory filing early Tuesday, the company announced plans to borrow $10 billion from a consortium of banks. It also separately announced plans to raise $25 billion by selling stock and debt.

The company’s debt surged in the last six years as Boeing reported core operating losses of more than $33 billion. Its commercial airplane production has ground to a near halt by a month-long strike by 33,000 members of the International Association of Machinists.

  • @Crackhappy
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    08 days ago

    Not at all, it just seemed like you might not be ok, given the way you wrote your comment and I just wanted to see if you are ok. How are you doing?

      • @Crackhappy
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        08 days ago

        Straight up clowning, dog. ;)

        • sunzu2
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          18 days ago

          is u one of them Boeing acolytes?

          few years back could not say shit about this corposhitstain with out an brigade being triggered haha

          times are changing ;)