Should the US government save Boeing?
Boeing retains considerable support in Washington because of its importance to the US economy, with about 130,000 employees and a much larger group of workers employed by Boeing's 17,000 suppliers. – EPA pic, March 21, 2020.
ABOUT 12 years after the US government bailed out General Motors and Chrysler, Washington policymakers are debating how to throw Boeing a lifeline as it reels from dual crises over the coronavirus and 737 MAX. The aerospace giant, which manufactures the US presidential jet Air Force One in addition to defence and commercial aircraft, has asked for US$60 billion in federal support for the US aerospace industry, but it is not yet clear how such a bailout would function.
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