Boeing borrows $ 25 billion from the market to avoid public aid

Washington

Boeing for the moment is meeting its objective of not using taxpayers' money to overcome the unprecedented crisis in civil aeronautics. The American aircraft manufacturer managed to convince private investors, brought together by its main bankers, to lend him $ 25 billion.

The operation, the largest of its kind since the beginning of the year, must meet the needs of the Chicago firm for a while. These needs are estimated to be around $ 30 billion for the current year. It is true that Boeing has already drawn on a line of credit offered by its banks to the tune of $ 14 billion a few weeks ago.

Not soliciting Uncle Sam was important to David Calhoun, the new boss of Boeing. State aid to large companies is not popular in the United States. They make their beneficiaries look like fragile entities, with dubious private profits when all is well, but unscrupulous when

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