(Reuters) - Boeing Co (N:BA) is considering plans to raise more debt to bolster its finances after the grounding of its 737 MAX jet, the Wall Street Journal reported on Monday, citing people familiar with the matter.
The company is also thinking of deferring some capital expenditures, freezing acquisitions and cutting spending on research and development to preserve cash, according to the report https://www.wsj.com/articles/boeing-considers-raising-debt-as-max-crisis-takes-toll-11578308401?mod=searchresults&page=1&pos=3.
Boeing did not immediately respond to a Reuters request for comment.
The planemaker has said it will halt production of the 737 MAX this month following the grounding in March of its best-selling plane after two fatal crashes in five months k–led 346 people.