Sharon Terlep

Boeing is moving to raise at least $10 billion by selling new shares in a bid to stabilize its increasingly precarious finances. The jet maker, in a pair of regulatory filings on Tuesday, told investors it could issue up to $25 billion in shares or debt during the next three years while also entering into a new credit agreement with lenders. Under the shelf registration, Boeing is expected to pursue a stock offering that raises around $10 billion, according to people familiar with the matter.

Boeing is moving to raise at least $10 billion by selling new shares in a bid to stabilize its increasingly precarious finances. The jet maker, in a pair of regulatory filings on Tuesday, told investors it could issue up to $25 billion in shares or debt during the next three years while also entering into a new credit agreement with lenders. Under the shelf registration, Boeing is expected to pursue a stock offering that raises around $10 billion, according to people familiar with the matter.

A strike by its machinists union could end soon, but the company remains in a perilous financial position.

A strike by its machinists union could end soon, but the company remains in a perilous financial position.

CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.

The jet maker posted its biggest quarterly loss since 2020. CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.

CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.

Boeing machinists rejected a deal that would have ended a six-week strike, plunging the jet maker into increasing financial peril as it burns through billions of dollars in cash. The vote came on the same day Boeing warned investors that it would remain cash-flow negative in 2025 after burning through more than $10 billion in the first nine months of the year. Analysts estimate the walkout is costing Boeing around $1 billion a month.

The vote came after Boeing reported a $6.17 billion quarterly loss, showing the company is under major financial strain.

Boeing launched an offering to raise $19 billion by issuing 90 million new shares and $5 billion in new convertible preferred shares. Usually secondary offerings depress share prices because they dilute existing investors.