Boeing announced its ambitious plans

Boeing announced ambitious plans to raise up to $25 billion in new capital and agreed to a $10 billion credit facility to ensure financial stability amid an unprecedented strike by its largest labor union. These steps are aimed at maintaining the company's balance sheet during a difficult period for it.

According to information published in the Financial Times newspaper, Boeing plans to raise up to $25 billion through the issue of bonds or shares. The company emphasized that this would provide them with "the flexibility to seek different capital options as needed over a three-year period." In addition, Boeing signed an agreement with a consortium of lenders worth $10 billion, which provides it with additional financing options.

The company did not provide clear information about the terms of raising funds, nor did it disclose the exact amount it plans to raise. At the same time, Boeing reported that it has not yet used the new credit line. The company's representative office noted that these two steps are appropriate to ensure access to liquidity in conditions that are difficult for the company.

Despite the announcements, however, Boeing shares were down about 1% in morning trading on the New York Stock Exchange. Analyst Nick Cunningham from the Agency Partners company noted that the vagueness of the submitted documents and the need for urgent financing indicate that banks are facing difficulties in finding potential investors or lenders for this financing.

Cunningham also emphasized that while $10 billion may be enough to "cover a temporary shortfall in funds," Boeing needs more than $80 billion to pay off net debt and develop a new narrow-body aircraft capable of competing with Airbus products. These challenges further emphasize the importance of a capital raising plan.

The plan comes amid problems Boeing is experiencing due to a strike by its largest union, which has halted production at plants in Washington state and could negatively affect the company's credit rating. The strike, which involves 33,000 members of the International Association of Machinists and Aerospace Workers, began on September 13 and led to the shutdown of the production lines of the 737 Max, 767 and 777 aircraft. These events put the company in a difficult financial situation and require urgent action to restore stability.