UPDATE 3-Boeing says it will need to borrow more money on coronavirus fallout
Boeing Co will need to borrow
more money over the next six months and does not expect to pay
dividends again for years, as the U.S. planemaker wrestles with
industry fallout from the coronavirus and the grounding of its
737 MAX jet, chief executive Dave Calhoun told shareholders on
Monday.
“We know we’re going to have to borrow more money in the next
six months in order to get through this really difficult moment,
to provide the right liquidity to the supply chain that
repre
more money over the next six months and does not expect to pay
dividends again for years, as the U.S. planemaker wrestles with
industry fallout from the coronavirus and the grounding of its
737 MAX jet, chief executive Dave Calhoun told shareholders on
Monday.
“We know we’re going to have to borrow more money in the next
six months in order to get through this really difficult moment,
to provide the right liquidity to the supply chain that
repre
Posted by Reuters