Boeing raising up to $35bn as costly strike enters second month

Boeing, the aerospace behemoth, is embroiled in financial strategies to shore up its liquidity as it faces the challenges of a prolonged strike that has entered its second month. With a significant portion of its workforce off the job, Boeing is seeking to raise up to $35 billion through various financial means to weather the storm and ensure business continuity. The labor dispute has drawn widespread attention, particularly as the strike stretches on, disrupting production schedules and affecting Boeing's commitments to its clients. Over 30,000 of Boeing's workers are currently on strike, representing a substantial fraction of the company's production capability. The strike's roots can be traced to various issues, including pay disputes, working conditions, and contract terms, illustrating the complex negotiation landscape between the company and its workforce. In response to these challenges, Boeing is looking towards the financial markets to bolster its position. The move to raise up to $35 billion is indicative of the substantial financial pressure that the strike has imposed on the company. It underscores the high costs associated with production delays and the strategic imperative to maintain liquidity in such uncertain times. This financial maneuvering is a testament to Boeing's recognition of the severity of the situation and its commitment to navigating the obstacles it faces. The strike and Boeing's consequent actions have broader implications for the aerospace industry and the global supply chain. Boeing is a pivotal player in the aerospace sector, and disruptions to its operations have ripple effects across the industry, affecting suppliers, customers, and even air travel more