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Article: BOEING WINS AIR FORCE DEAL FOR 767 TANKERS.(News)
- Article from:
- Seattle Post-Intelligencer
- Article date:
- December 19, 2001
- Author:
CopyrightCOPYRIGHT 2001 Seattle Post-Intelligencer. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: CHARLES POPE P-I Washington correspondent
WASHINGTON -- Congressional negotiators yesterday delivered a $22 billion gift to The Boeing Co. and its beleaguered work force, requiring the Air Force to lease 100 Boeing 767s that will be converted into midair tankers.
The tanker conversion project, derided by critics as a government-sponsored bailout for Boeing, emerged as a top priority for Washington state lawmakers in the wake of the Sept. 11 terrorist attacks.
The attacks sent Boeing's fortunes - and its commercial airline business - spiraling downward and led to the company announcing it would lay off 30,000 workers.
With ...