Boeing (BA) – Get Report is reportedly fully drawing down its nearly $14 billion loan facility over the near term, and analysts at Barclays, Canaccord and JPMorgan on Thursday all published notes on the company. 

Barclays forecast that Boeing will use $2 billion to $3 billion of free cash flow in both the first and second quarters due to the halt in 737 MAX deliveries and the support Boeing has pledged to its supply chain. 

The Chicago aerospace company last month obtained the loan facility from a group of banks as it works to return the 737 MAX jetliner to service. The 737 MAX was grounded worldwide following two fatal crashes in October 2018 and March 2019. 





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