Boeing is in talks with US government to secure $20 billion as financi…
writer : administrator
date : 20-03-19 10:35
hit : 288
Chicago, Illinois - Boeing is asking for more than 20 billion dollars from the U.S. government for itself and its suppliers to overcome the financial crisis generated by the coronavirus outbreak.
The talks with the Federal government covers several solutions such as direct support and loan guarantees, the people said, who are familiar with the matter.
According to the same sources, Boeing is pushing for more than $20 billion. Boeing’s efforts to win government aid won rhetorical support from President Donald Trump but also caused concerns that the manufacturer’s cash reserves are melting faster than expected.