Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential US government assistance or private sector loans, a person ...
WASHINGTON: Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential US government assistance or private sector loans, a person briefed on the matter confirmed on Friday.
Boeing could also take part in a Treasury-backed Federal Reserve lending programs and one analyst said it could raise up to US$11.25 billion under one facility. It also indefinitely extended the halt of its production operations at its Washington state facilities. Boeing's airline customers have deferred taking new aircraft and making pre-delivery downpayments, compounding a crisis over the year-old grounding of Boeing's previously fast-selling 737 MAX jet after two fatal crashes.
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