Boeing mulls moving some work abroad over Ex-Im uncertainty
Chairman Jim McNerney says company is looking at countries that offer export credits
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
BOEING Co chairman Jim McNerney said on Wednesday that the aircraft maker was actively considering moving "key pieces" of its operations to other countries given the uncertainty about the future of the Export-Import Bank, whose charter expired on June 30.
"We are now forced to think about this differently," he said in an interview hosted by the Economic Club of Washington, noting that Boeing is looking at countries that offer export credits.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result