By David Shepardson
By David Shepardson
WASHINGTON, Jan 20 (Reuters) – Boeing Co BA.N is in talks with banks about borrowing $10 billion or extra amid rising prices for the U.S. planemaker after two crashes involving its 737 MAX jetliner, a supply advised Reuters on Monday.
CNBC first reportedthe information on Monday, citing sources that Boeing has to date secured at the very least $6 billion from banks and is speaking to different lenders for extra contributions.
A supply confirmed the talks to Reuters, but it surely was nonetheless not clear how a lot Boeing would search to boost and whether or not it could pursue the promoting of recent bonds. One key subject for Boeing is flexibility since it isn’t clear how lengthy the 737 MAX will stay grounded.
Boeing declined to remark.
Reuters reported on Friday that the Federal Aviation Administration is now unlikely to approve the aircraft’s return till March, however that might take till April or longer.
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