Boeing is pursuing up to $35 billion in fresh funding from investors and banks as it grapples with the costly impact of a prolonged strike involving thousands of its workers. As the walkout enters its second month, the aviation giant has announced plans to raise up to $25 billion through stock and debt offerings, alongside securing a $10 billion loan agreement with major banks to bolster its liquidity.

The strike, led by more than 30,000 Boeing workers, has already prompted the company to consider layoffs of around 17,000 employees, with redundancy notices expected in mid-November. Negotiations to end the labor dispute collapsed last week after Boeing withdrew an offer that included a 30% pay increase spread over four years.

In response to the ongoing unrest, the workers’ union, the International Association of Machinists and Aerospace Workers (IAM), held a rally in Seattle on Tuesday, calling for a fair resolution. Despite the tension, Boeing’s shares rose by 2.2% following the funding announcement.

Boeing’s financial moves come on the heels of its recent announcement to cut its workforce by 10% and expectations of posting a loss in the final quarter of the year. Acting U.S. Labor Secretary Julie Su has met with representatives from both Boeing and the IAM, while top Washington state Congressional Democrats have urged both sides to intensify efforts to find a mutually beneficial solution.

A surge of hoax bomb threats has caused chaos for Indian airlines, affecting at least 10 flights over the past 48 hours. These threats, directed at multiple airlines including Air India, IndiGo, SpiceJet, and Akasa Air, have led to significant flight delays, diversions, and heightened security measures.

On Tuesday, Singapore’s Air Force scrambled two fighter jets to escort an Air India Express flight away from populated areas following a bomb threat. The flight, traveling from Madurai, India, to Singapore, eventually landed safely at Changi Airport. In another incident earlier that day, an Air India flight from Delhi to Chicago was forced to land in Canada as a precautionary measure.

While hoax bomb threats are not uncommon in India, the sudden spike in incidents since Monday remains unexplained. Authorities, including India’s Directorate General of Civil Aviation and Bureau of Civil Aviation Security, have not yet commented on the situation. In addition to Tuesday’s incidents, three international flights departing from Mumbai were disrupted on Monday due to threats posted on X (formerly Twitter), leading to the detention of a teenager in connection with the posts.

The threats have resulted in significant disruptions, including evacuations, security sweeps, and the involvement of bomb disposal units and international security agencies. These measures, though essential for passenger safety, have incurred substantial costs for airlines and security agencies. Air India has indicated that it is cooperating with authorities and considering legal action to recover damages caused by the disruptions.

Singapore’s Defence Minister confirmed that the fighter jets escorted the Air India Express flight safely, while passengers from the Chicago-bound flight were transferred to their destination by a Canadian Air Force plane. The timeline for the clearance of the grounded Air India plane in Canada remains unclear.

The hoaxes have not only caused logistical complications but also highlighted the challenges and costs involved in responding to such threats, especially when they require international collaboration. The aviation industry is now on high alert as authorities work to identify and hold accountable those responsible for the threats.

With Hurricane Milton rapidly approaching Florida’s west coast, travel plans across the region are being significantly disrupted. The Category 4 storm, carrying winds of up to 145 mph, has triggered widespread cancellations, route changes, and closures as airlines, theme parks, and cruise lines prepare for its anticipated landfall on Wednesday.

Florida Governor Ron DeSantis declared a state of emergency across more than 50 counties, with the National Oceanic and Atmospheric Administration (NOAA) warning that Hurricane Milton is expected to hit Florida’s west coast with dangerous force.

Airports are taking precautionary measures, with Tampa International Airport suspending operations early on Tuesday, stating that it will “reopen when safe to do so.” Orlando International Airport, a major hub, announced it will close by 8 a.m. on Wednesday. Southwest Airlines, which accounts for a significant portion of flights in and out of Orlando, has already canceled 402 flights for Wednesday. FlightAware reports that over 85% of flights at Orlando International Airport have been grounded for the day, with many more cancellations at Tampa and Southwest Florida International airports.

Theme parks are also responding to the storm. Busch Gardens Tampa will be closed from Tuesday through Thursday, while SeaWorld Orlando remains open for the time being but continues to monitor Hurricane Milton’s path closely.

Cruise lines have been proactive as well, with Carnival informing passengers that ports in Jacksonville, Tampa, and Miami are likely to close. As a result, several routes and destinations have been altered to steer clear of the storm’s impact.

As Hurricane Milton nears, travelers and local residents are urged to stay informed and adjust plans accordingly, with further disruptions expected in the coming days.