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Trump says he will not let Boeing go out of business: Fox News interview

Published 03/24/2020, 04:04 PM
Updated 03/24/2020, 09:00 PM
© Reuters. U.S. President Trump leads coronavirus task force daily briefing at the White House in Washington

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that he would not let airplane maker Boeing Co (N:BA) go out of business as a result of the economic disruption caused by the coronavirus outbreak.

"We're not letting Boeing go out of business," Trump said in a Fox News interview. "You have to help them temporarily. It's not going to be a long time, temporarily."

© Reuters. U.S. President Trump leads coronavirus task force daily briefing at the White House in Washington

"And they're going to pay interest and they're probably going to give stock in their company to the people of our country, to the taxpayers of our country, to the citizens of our country," Trump said.

Latest comments

nobody said it will go out of business... this market is a two player OLIGOPOLY ... Boeing is not going away even if they tried... but why is everyone stoked because the company is resuming MAX production by summer? what the airlines have right now is EXCESS CAPACITY ... the MAX is useless for the summer and rest of the year ... investors are doped
1 of only 2 in the world who can make large commercial airplanes. China, Russia and the rest of enemies of US would like to see Boeing go down. Only American patriots feel the need of saving Boeing for the good of the people. Go #Trump2020
hahahaha it really shows how much this guy trump or whatever his name is knows about businesses....this guy is so ignorant is just plain laughable
i dont really want to own any of boeing. Can i have amazon shares instead?
Sure you wont, after bankraptcy.
He won't let? Please!
99.9% of Boeing goes to tax payer. Nothing less will DO.
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