You pretty much have to give equity for that kind of risk, because the interest on bonds you could sell would not be commensurate with the projected cashflow.

You pretty much have to give equity for that kind of risk, because the interest on bonds you could sell would not be commensurate with the projected cashflow. But "betting the company" doesn't mean in this case that the company would disappear. It would just go bankrupt. That is a scary word, but in a case of Boeing, (some) equity would just be transferred from shareholders to creditors; operations would not be affected.