Boeing CEO says no plan for equity raise -Breaking
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© Reuters. FILE PHOTO: The Boeing emblem is displayed on a display screen, on the New York Inventory Alternate (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photograph
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© Reuters. FILE PHOTO: The Boeing emblem is displayed on a display screen, on the New York Inventory Alternate (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photograph2/2
(Reuters) – Boeing (NYSE:) Co Chief Govt Dave Calhoun stated on Friday the U.S. planemaker has no fast plan to faucet fairness markets, and signaled progress towards profitable approval from U.S. air security regulators to renew deliveries of its 787 Dreamliner.
“I am assured on the liquidity entrance,” Calhoun informed a Bernstein convention. “Money stream is getting higher each quarter. We’re at that stage now the place we are able to begin to quietly pay down debt.”
Calhoun additionally stated Boeing acquired a “clear response letter” from the U.S. Federal Aviation Administration relating to its certification package deal submission on the 787 Dreamliner, however there may be at all times work to do post-application.
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