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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Boeing to raise up to $19bn amid costly strike and safety crisis

Boeing 737 Max aircraft
Boeing last week reported a $6bn quarterly loss up to the end of September. Photograph: Peter Cziborra/Reuters

Boeing has announced moves to raise as much as $19bn (£14.6bn) as it tries to shore up its finances amid a costly worker strike and an ongoing crisis about the safety of its aeroplanes.

The US manufacturer said on Monday it would sell 90m common shares, raising about $14bn, plus another $5bn in depositary shares.

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