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Boeing owns enough of the US legislature through bribery or in-district employment to never, ever, ever have to worry about bankruptcy or any other adverse market impact.

Will they be allowed to teeter on the edge of insolvency? Sure. Fall over? Not when taxpayer money is free and infinite.

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It may not be straightforward bankruptcy.

A new buyer could take them private as part of bankruptcy to reduce the liabilities because of current company, while retaining the employees keeping government happy, or they could be broken up into different companies, defence division could split / bought by another defence contractor perhaps, there are many options in these conditions which does not immediately impact politician concerns.

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