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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.20.15

Airborne 04.14.15

Airborne 04.15.15

Airborne 04.16.15

Airborne 04.17.15

Airborne Hi-Def On YouTube

Airborne 04.20.15

Airborne 04.14.15

Airborne 04.15.15

Airborne 04.16.15

Airborne 04.17.15

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

New Mooney Acclaim Type S Lost At Lakeland Linder

Aircraft Is Reported To Be Less Than 2 Months Old A nearly brand new Mooney Acclaim, N608MR (pix shown, courtesy of Lakeland FD), was lost in lakeland just prior to the start of th>[...]

Airborne 04.20.15: Mooney Delivers, FAA Wants $$$, New EXP Engines, ANN@Lakeland

Also: BD-22L Accident, CRS-6 First Stage Landing, Gogo/NetJets, Air Canada, Cessna Citation M2, GAMA Hails UK The Mooney International production line seems to be rolling smoothly >[...]

Amazing Amphib! Lakeland 2015 Sponsor Progressive Aerodyne Goes EVERYWHERE

Progressive Aerodyne Does it All -- Land, Sea and Sky! Explore 'no limits' living in the newly FAA certified Searey Elite Amphibious Light Sport Airplane. This distinctive aircraft>[...]

Aspen Avionics, True Innovators, Present SnF2015 Special Event Coverage!

SnF2015 Sponsor: Always-Innovative Aspen Avionics Aspen Avionics specializes in bringing the most advanced technology and capability into general aviation cockpits. Our products in>[...]

Boeing Presents Flight Test 787 Dreamliner To Pima Air & Space Museum

Donation Allows Students, Aviation Enthusiasts, Visitors To See Dreamliner Displayed In Arizona Elected and community leaders and Boeing officials joined together today to celebrat>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC