KONTAN.CO.ID - SEATTLE. Boeing Co Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the coronavirus pandemic. "I don't have a need for an equity stake," Calhoun told Fox Business. "If they force it, we just look at all the other options and we've got plenty of them." Boeing has sought $60 billion in U.S. government loans for itself and the aerospace industry. Congress could reach agreement on a stimulus and rescue package worth up to $2 trillion to respond to the massive economic damage from the coronavirus pandemic as soon as today.
Boeing CEO does not want U.S. to take stake in company after coronavirus stimulus
KONTAN.CO.ID - SEATTLE. Boeing Co Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the coronavirus pandemic. "I don't have a need for an equity stake," Calhoun told Fox Business. "If they force it, we just look at all the other options and we've got plenty of them." Boeing has sought $60 billion in U.S. government loans for itself and the aerospace industry. Congress could reach agreement on a stimulus and rescue package worth up to $2 trillion to respond to the massive economic damage from the coronavirus pandemic as soon as today.