Boeing seeks US aid plus help for suppliers, airlines


CHICAGO: Boeing Co. has asked White House and Congressional officials for short-term aid for itself, suppliers and airlines as the outlook for the travel industry worsens by the day because of the coronavirus outbreak, said people familiar with the matter.

The U.S. planemaker is seeking to avoid layoffs and damage to hundreds of smaller companies that make parts and systems for its aircraft, said the people, who asked not to be named because the talks are private. Boeing has also been buffeted by the grounding of its best-selling 737 Max, which awaits regulatory clearance to resume flights after two deadly crashes.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Racing into the hearts of a new generation
Upping wages via upskilling
Big cut and big moves
Wan Zulkiflee steps down as chairman of MAG
Dual listing myth
Mida inks research collaboration deal with MIER
Propelling new adventures in aviation
TNB inks cross border power deal
Outsourcing public projects for a win-win solution
Room for growth in travel and hospitality

Others Also Read