The US aviation sector is in dire straits with the COVID-19 impact on the economy.
And for Boeing its arguably even worse given the weakened state they went into this crisis in. Trying to save a few bucks on software engineers spectacularly backfired for them.
Latest:
S&P Ratings have cut Boeing at BBB with negative watch.
- from A-
And, Boeing is in talks with the White House for 'short term' financial aid.
