Boeing says it will need to borrow more money on coronavirus fallout [Yahoo! Finance News]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance News
View photosFILE PHOTO: Outbreak of the coronavirus disease COVID-19) in Renton, WashingtonBy David Shepardson and Allison Lampert) - 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 at its annual general meeting.Boeing is trying to bring its 737 MAX jet back into service after two fatal crashes, even as the aviation industry slumps because of the coronavirus, which has dried up demand for passenger air travel.The company also canceled a $4.2 billion deal for Embraer SA's commercial aviation division over the weekend, prompting the Brazilian company to initiate arbitration.Calhoun said Boeing expects it will take two to three years for travel to return to 2019 levels and an additional few years more for the industry's long-term trend growth to ret
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website