President Trump says he supports a bailout for Boeing

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President Trump says he supports a bailout for Boeing
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President Trump says that Boeing should get financial assistance from the federal government in the face of the coronavirus crisis.

Trump was already on record supporting help for the nation's airlines, who have asked for about $50 billion in help for passenger airlines, along with $8 billion for cargo airlines and $10 billion for the nation's airports. And when asked if he supported help for Boeing and aircraft suppliers such as General Electric , he said only that he would help Boeing and did not address help for suppliers.

"Yes, I think we have to protect Boeing. We have to absolutely help Boeing," he said."Obviously when the airlines aren't doing well then Boeing is not going to be doing well. So we'll be helping Boeing."Now Boeing faces a new crisis as airlines around the globe face the risk of bankruptcy due to a plunge in passenger air travel. They might not be able to complete purchases of planes they had ordered.

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