Asia Tech Wire (Oct 16) -- Boeing plans to raise at least $10 billion through the sale of new shares at a time when it is running out of cash, hoping to prove that the company can weather the current crisis, according to the Wall Street Journal.

Boeing told investors in two regulatory filings Tuesday that it could issue up to $25 billion in stock or debt over the next three years, while also entering into a new $10 billion credit agreement with lenders.

Citing people familiar with the matter, the report said Boeing is expected to raise about $10 billion in a stock-issuing deal.