Boeing Bailed Out by Kansas Taxpayers | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.10.24

Airborne-NextGen-06.11.24

Airborne-Unlimited-06.12.24 Airborne-FltTraining-06.13.24

Airborne-Unlimited-06.14.24

Thu, May 22, 2003

Boeing Bailed Out by Kansas Taxpayers

Governor Approves $500,000,000 Bond Deal

The state of Kansas will be selling half a billion dollars' worth of bonds for the state's biggest private employer; and Boeing will pay the interest from monies it's not going to be paying into the state's income tax withholding bucket, as a measure signed Wednesday by Governor Kathleen Sebelius spells out.

The Kansas Development Finance Authority will sell the bonds, which are earmarked to finance some of the work on the not-yet-officially-defined 7E7. As part of the deal, Boeing must hire 4000 new workers, in Kansas. That, given the number of laid-off Boeing workers already there, shouldn't pose major problems, once the airliner's design goes to production.

The mystery plane is scheduled to go to customers as soon as 2008.

FMI: www.boeing.com

Advertisement

More News

ANNouncement: Now Accepting Applications For Oshkosh 2024 Stringers!!!

An Amazing Experience Awaits The Chosen Few... Oshkosh, to us, seems the perfect place to get started on watching aviation recover the past couple of years... and so ANN is putting>[...]

Aero-News: Quote of the Day (06.13.24)

“NBAA has a tremendous responsibility to the business aviation industry, and we are constantly collaborating with them. Our flight departments, professionals and aircraft own>[...]

ANN's Daily Aero-Term (06.13.24): Dead Reckoning

Dead Reckoning Dead reckoning, as applied to flying, is the navigation of an airplane solely by means of computations based on airspeed, course, heading, wind direction, and speed,>[...]

ANN's Daily Aero-Linx (06.13.24)

Aero Linx: Vertical Aviation Safety Team (VAST) We are a public–private initiative to enhance worldwide flight operations safety in all segments of the vertical flight indust>[...]

ANN FAQ: How Do I Become A News Spy?

We're Everywhere... Thanks To You! Even with the vast resources and incredibly far-reaching scope of the Aero-News Network, every now and then a story that should be reported on sl>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC