Boeing suspends dividend, CEO foregoes pay after virus-related aid request

A Boeing 737 MAX sits outside the hangar throughout a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington.

REUTERS/Matt Mills McKnight

Boeing explained on Friday its chief government and board chair will forego all spend until finally the end of 2020 and the corporation will suspend its dividend.

The selection comes as Boeing pursues $60 billion in U.S. authorities support to enable aerospace brands temperature the monetary fallout from the quick-spreading coronavirus.

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