Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars

    https://www.cnn.com/2024/10/15/investing/boeing-cash-crisis/index.html

    Posted by RickKassidy

    26 Comments

    1. Buy me back bitch!!!

      Imagine begging for money after spending multi-billion dollars buying back stupid shares

    2. GeraltofRivia7770 on

      Once they get that $25billion they should put it all in 0DTE options on the SPY and try to triple it!

    3. I hope they fail! If they get bailed out I will be pissed. They deserve to fail. Let it rot.

    4. HIVnotAdeathSentence on

      As if the government will let anything happen to Boeing.

      And the stock is up almost 3%.

    5. alligatorchamp on

      I love it when stock buyback fails. They had the opportunity to spend those billions on improving the company, but they actually do it on buying back stocks.

    6. time to get hostile take over and kick all those incompetent fool out of office, the entire company need to be purged from ground up.

    7. Gee… if only there was some way the CEO could get his workers back to work…

      Guess there is nothing anyone can do.

    8. elpresidentedeljunta on

      Most of that stuff seems to have been discussed for a while. But I find it mildly funny, that they are massively ramping up their liquidity, after I got hammered yesterday by some people, telling me, they did not have a liquidity issue… ^^

      And yes, their crisis is pretty terrible.

      Assuming everything goes according to plan, this should keep them going well into the first half of 2025?

      If they don´t pay the fine for having blue balled their workers for years though, they will waste a good portion of that money, before it even changes hands.

      On first glance this is good news for Boeing. They were stalling and this is a necessary maneuver to get air under the wings. They still have to show however, they can use this to regain control, or else this will just speed up the decline.

    9. Agitated-Ad-504 on

      I have to do contract work with Boeing for non-aviation equipment my company sells then frequently. For the past 6-7 years Im use to getting 25+ requests from different Boeing sites every year to repair or replace pieces damaged during their training/testing and return them. This year I’ve received 1 request and they ended up ghosting. That’s how I know shit is really bad there rn 😂

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