Bloomberg reported that Boeing has approached a group of banks about a potential loan to try to regain its footing following the 737 Max groundings.

According to Bloomberg, Citigroup is leading the discussions between Boeing and a small group of banks.

The long-term grounding of the 737 Max jets has cost Boeing its title as the world’s largest plane maker after the number of jetliners it delivered in 2019 dropped to less than half of Airbus SE’s tally.