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 -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne On ANN

ADR 02.13.17

Airborne 02.13.17

Airborne 02.14.17

Airborne 02.15.17

Airborne 02.16.17

Airborne 02.17.17

Airborne-HD On YouTube

ADR 02.13.17

Airborne 02.13.17

Airborne 02.14.17

Airborne 02.15.17

Airborne 02.16.17

Airborne 02.17.17

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

Airborne 02.17.17: Privatization Fight Is ON, X-37B Stays Up, TSA Arrests

Also: HeliTrak PMA, Aviation’s Next Big Fight, New KC Airport, Verifly, CFM Orders, Purdue Aviation, P&W Expansion Some of the aviation industry’s worst fears appea>[...]

Aero-News: Quote of the Day (02.19.17)

Aero-News Quote of the Day "Although our navigation algorithms can get even better, and we need to test them in many other parts of the world, this is a positive sign for Loon&rsqu>[...]

ANN's Daily Aero-Term (02.19.17): Takeoff Hold Lights (THL)

Takeoff Hold Lights (THL) The THL system is composed of in-pavement lighting in a double, longitudinal row of lights aligned either side of the runway centerline. The lights are fo>[...]

ANN's Daily Aero-Linx (02.19.17)

Aero Linx: Modification and Replacement Parts Association (MARPA) MARPA is the non-profit trade association that represents the Parts Manufacturer Approval (PMA) community. A PMA i>[...]

ANN FAQ: What Does The Airborne Partnership Initiative Mean For Your Business

Get Your Breaking News Out To The Industry A partnership between ANN and others in the aviation/aerospace industry offers more exposure, a greatly lessened strain on individual res>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC