Boeing

CNBC: Boeing to take $10 billion loan to cover 737 MAX fallout

Workers walking into a 737 factory
Workers walking into a 737 factory on Dec. 16. Photo: Stephen Brashear/Getty Images

Boeing is in talks to borrow $10 billion or more, as the company copes with rising compensation claims from two fatal 737 Max crashes in the last two years, CNBC reports.

Why it matters: Analysts believe Boeing's expenditures could amount to more than $15 billion in the first half of 2020, according to the Wall Street Journal.

What we know: Ukrainian Boeing 737 crashes in Tehran

Search and rescue works are conducted at site after a Boeing 737 plane belonging to a Ukrainian airline crashed near Imam Khomeini Airport in Iran
Search and rescue teams at the site of the plane crash near Imam Khomeini Airport in Iran, Jan. 8. Photo: Fatemeh Bahrami/Anadolu Agency via Getty Images

A Boeing 737-800 Ukraine International Airlines plane crashed in Tehran shortly after taking off from Tehran's Imam Khomeini International Airport on Jan. 8, killing all 167 passengers and nine crew members.

The latest: The Iranian government has agreed to send the black boxes from the downed jetliner to Ukraine, suggesting it cannot be read in Iran and providing little further detail, according to an unnamed Iranian official per AP. American, French and Canadian experts will help analyze the data in Ukraine.