Boeing Rejects Idea of Government Stake as Condition for Aid | Aviation International News

Boeing Rejects Idea of Government Stake as Condition for Aid

Boeing CEO David Calhoun insisted that the company will pursue other financing options if the government requires an ownership stake.

By Gregory Polek • Senior Editor

March 27, 2020

Boeing stands to qualify for billions of dollars in aid from the U.S. government as part of a $2 trillion coronavirus aid package, including a $17 billion carve-out for companies deemed essential to the country’s national security, but the conditions might prove too unpalatable for CEO David Calhoun. The Boeing boss told the Fox television network that the company would reject any money tied to the government taking an equity stake in the aerospace giant.

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