Boeing Seeks U.S. Aid Plus Help for Suppliers, Airlines
- Planemaker is trying to avoid layoffs, meltdown of partsmakers
- Trump vows support for ‘airlines and others’ hit by outbreak
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Boeing Co. has asked White House and Congressional officials for short-term aid for itself, suppliers and airlines as the outlook for the travel industry worsens by the day because of the coronavirus outbreak, said people familiar with the matter.
The U.S. planemaker is seeking to avoid layoffs and damage to hundreds of smaller companies that make parts and systems for its aircraft, said the people, who asked not to be named because the talks are private. Boeing has also been buffeted by the grounding of its best-selling 737 Max, which awaits regulatory clearance to resume flights after two deadly crashes.