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Boeing, strike
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.
Boeing to furlough workers this week amid strike, including in St. Louis area
Boeing operates its defense business, which is in a separate unit from the company’s commercial plane segment, in the St. Louis area. There are about 15,000 Boeing workers here.
A Failure To ‘Read The Room’—How Boeing And The Machinists Fell Into The Strike
The International Association of Machinists on Friday overwhelmingly voted to reject the offer that had been accepted by their leadership and Boeing.
3d
on MSN
The strike could cost Boeing more than $1 billion. But that could be the least of its problems
For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last ...
Flightglobal
3d
Boeing to pay Embraer $150 million to settle dispute over failed acquisition
Boeing has agreed to pay Embraer $150 million to settle a dispute arising from the US company's 2020 decision to back out of ...
3d
on MSN
Boeing strike tests which side can best withstand financial losses
Away from the bargaining table, the company and its employees face a test of wills over the financial losses they're willing ...
Aviation Week
9d
Boeing Commercial Aircraft Orders & Deliveries August 2024
Boeing Commercial Aircraft Orders & Deliveries August 2024 is published in Aviation Daily, an Aviation Week Intelligence ...
ch-aviation
1d
Boeing settles failed commercial aviation JV with Embraer
Boeing and Embraer have ended arbitration talks regarding the former's termination of a commercial aircraft joint venture ...
5d
on MSN
How scandals at Boeing helped bring about the current strike
"If there's a strike, Boeing becomes that much weaker," said Harteveldt, of Atmosphere Research Group. "If the strike lasts a ...
1d
Ducommun: Aerospace Growth And Strategic Restructuring Amid Boeing Challenges
Ducommun 2Q24 revenue grew in aerospace and military markets, despite challenges with Boeing, with a positive outlook for the ...
2d
on MSN
Boeing’s CFO wants to cut costs but it could be a risky maneuver
In response, CFO Brian West is to cut costs. But will doing so risk creating long-term damage in the form of employee morale ...
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