Boeing's capital raise of $23.8 billion is crucial to address near-term cash needs and long-term debt maturities, ensuring financial stability through 2030. Despite recent setbacks, BA aims to improve its net debt position from $47.25 billion in 2024 to a net cash position by 2030. Free cash flow is expected to turn positive by 2026, with significant improvements in leverage and debt reduction ...
The right engine of a Boeing 787-9 Dreamliner operated by Chinese carrier Hainan Airlines caught fire shortly after take-off from Rome's Fiumicino airport this morning, an Italian airport official said.
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.
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