A Boeing 777X airplane takes off on its inaugural flight at Paine Field in Everett, Washington on January 25, 2020. [AFP]
US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.
In a regulatory filing, the aviation giant indicated plans to raise the funds by selling stock and debt.
It also earlier announced that it was in an agreement to obtain $10 billion in credit from multiple banks.
The moves come amid a machinist strike in the Seattle region which effectively shut down assembly plants for the 737 MAX and 777.