(Bloomberg) — Boeing Co. and its suppliers moved one step closer to a federal rescue that would provide at least $60 billion to help ride out the coronavirus pandemic, people familiar with the planemaker’s thinking said.The aerospace industry including Boeing would be eligible to tap a slice of the roughly $500 billion to be distributed by Treasury Secretary Steven Mnuchin under a $2 trillion economic stimulus package passed by the Senate late Wednesday. Boeing could also claim part of $17 billion in loans for companies deemed critical for national security.Boeing executives combed through the legislation before passage while evaluating proposals …read more
Source:: Yahoo Finance
