Former UN ambassador Nikki Haley resigns from Boeing board, opposing government aid
Then South Carolina Gov. Nikki Haley speaks during the dedication of Boeing Co.’s $750 million final assembly plant in North Charleston, S.C. on Friday, June 10, 2011.
Bruce Smith | AP
Former U.N. Ambassador Nikki Haley stepped down from Boeing‘s board of directors after less than a year because she opposes government aid to help the aircraft manufacturer weather the coronavirus crisis, the company said Thursday.
The company said in a filing that Haley is against the company receiving government aid “as a matter of philosophical principle.”
Boeing earlier this week said it is seeking $60 billion for itself and its massive supply chain because of the virus. The manufacturer’s suppliers include United Technologies, General Electric, Spirit Aerosystems and dozens of others.
Boeing and its airline customers are reeling from the coronavirus pandemic as travel demand collapse and carriers race to park hundreds of airplanes and put off delivery of new ones to shore up cash.
A former governor of South Carolina, Haley is considered a likely candidate for the 2024 Republican presidential nomination.
The company is entering the coronavirus crisis already hamstrung from the fallout of two fatal crashes of the 737 Max, its best-selling plane than a year.
This is breaking news. Check back for updates.
Article Courtesy of CNBC
