Boeing is working to strengthen its finances,announcing plans to raise up to $25 billion through stock and debt offerings and securing a $10 billion credit agreement with major lenders
Boeing has announced plans to raise up to $25 billion through stock and debt offerings as it grapples with ongoing financial challenges. The company has also entered into a $10 billion credit agreement with major lenders to enhance its liquidity.
Credit rating agencies S&P Global and Fitch Ratings have indicated that these offerings could play a crucial role in helping Boeing maintain its credit rating, which is currently only one notch above junk status. However, some analysts warn that the need for these funding efforts may suggest that Boeing’s short-term liquidity situation is worse than initially anticipated.
As the company continues to address various crises, including production slowdowns and a significant strike that is costing roughly $1 billion per month, these financial maneuvers are essential for stabilizing its operations and future outlook.
One of the two black boxes has been recovered from the wreckage of the Air India Dreamliner that crashed shortly after take-off in Ahmedabad, killing 241 of the 242 people on board, according to Hindustan Times.
Five countries, the European Union, and global airlines have urged the Trump administration to avoid imposing new national security tariffs on imported commercial planes and parts, citing potential damage to trade and aviation industries, according to documents released on Tuesday.
Boeing has struck a deal with the U.S. Justice Department to avoid criminal charges over the 737 Max tragedies, agreeing to pay over $1.1 billion in penalties, victim support, and safety reforms.
A fire on a British Airways Boeing 777 at Gatwick Airport last June was caused by a co-pilot mixing up his left and right hands during take-off, according to a report by the UK’s Air Accidents Investigation Branch (AAIB).
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
Another group of the Tchaikovsky Symphony Orchestra of Russia has been evacuated from Iran to Azerbaijan. During the night, a new group of orchestra members crossed into Azerbaijan through the Astara border checkpoint as part of the ongoing evacuation process.
France has closed four major Israeli company stands at the Paris Airshow for displaying offensive weapons, intensifying diplomatic tensions with Israel amid criticism of its actions in Gaza.
A community event turned deadly in West Valley City, Utah as gunfire erupted during a local carnival, killing three, including an eight-month-old baby and injuring two teens, after a dispute between two groups escalated.
Kazakhstan has emerged as Azerbaijan’s top grain supplier, as trade between the two countries surged 20% in early 2025, reaching historic highs.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 16th, covering the latest developments you need to know.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
The Israeli military has issued an evacuation advisory for Iranian civilians living near weapons production sites and associated infrastructure within Iran. The message was shared on the social media platform X in both Arabic and Farsi by an official military spokesperson.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
An Air India flight with 242 passengers on board crashed in Meghaninagar, close to Ahmedabad airport in Gujarat, on Thursday afternoon.
Türkiye’s current account balance registered a deficit of $7.8 billion in April, according to data released Monday by the Central Bank of the Republic of Türkiye (CBRT), marking a wider-than-expected shortfall amid a sharp goods trade imbalance.
France has closed four major Israeli company stands at the Paris Airshow for displaying offensive weapons, intensifying diplomatic tensions with Israel amid criticism of its actions in Gaza.
A community event turned deadly in West Valley City, Utah as gunfire erupted during a local carnival, killing three, including an eight-month-old baby and injuring two teens, after a dispute between two groups escalated.
Kazakhstan has emerged as Azerbaijan’s top grain supplier, as trade between the two countries surged 20% in early 2025, reaching historic highs.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 16th, covering the latest developments you need to know.
Another group of the Tchaikovsky Symphony Orchestra of Russia has been evacuated from Iran to Azerbaijan. During the night, a new group of orchestra members crossed into Azerbaijan through the Astara border checkpoint as part of the ongoing evacuation process.
France has closed four major Israeli company stands at the Paris Airshow for displaying offensive weapons, intensifying diplomatic tensions with Israel amid criticism of its actions in Gaza.
A community event turned deadly in West Valley City, Utah as gunfire erupted during a local carnival, killing three, including an eight-month-old baby and injuring two teens, after a dispute between two groups escalated.
Kazakhstan has emerged as Azerbaijan’s top grain supplier, as trade between the two countries surged 20% in early 2025, reaching historic highs.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 16th, covering the latest developments you need to know.
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