Why bailout?
Why not nationalize it instead and hopefully privatize it back later down the road.
Or if you don’t want the nationalization headache at least trade money for equity.
That's not an alternative to a bailout, its a common bailout method: the government purchases equity of an ailing institution, thereby nationalizing it in whole or in part, puts it's own management in place, turns it around, and then sells the equity on the open market.
I really think that the government should be taking a majority stake in Boeing. They have institutional problems in addition to money problems.
Which, to me, sounds like Boeing doesn't need a bailout all that much.
When and where has a government made a large equity investment in a company and recouped its investment plus a reasonable insurance premium?
Here are some examples where it has not:
Penn Central Railroad 1970
Savings and Loan Crisis 1989
California Energy Sector 2000
Airline Industry 2001
Banking Sector 2008
Auto Sector 2008
If you want a non-comprehensive primer, see [1].
https://www.peoplespolicyproject.org/2020/03/23/how-to-think...