The CEO of Airbus' AIR.PA planemaking business said on Friday the European planemaker was monitoring the wider impact of a strike by Boeing workers, but had not yet seen a direct impact on the number of parts delivered by shared suppliers.
Boeing said late on Thursday it filed an unfair labor practice charge with the National Labor Relations Board against the union that represents about 33,000 striking U.S. West Coast factory workers.
Boeing (BA) concluded the recent trading session at $146.62, signifying a -1.84% move from its prior day's close.
U.S. Transportation Secretary Pete Buttigieg said Thursday it is increasingly important to see a resolution to a four-week old strike by 33,000 Boeing workers seeking a new contract from the planemaker.
Shares in Boeing (BA) continued falling Thursday, after the airplane maker earlier this week withdrew its contract offer to striking machinists, prompting rating agency S&P Global to issue a downgrade warning on the company's debt.
United Airlines does not expect a strike by factory workers at Boeing to have any impact on its flight schedule for next summer, including new route launches, a top executive at the carrier said on Thursday.
Boeing has pulled its offer to increase pay as the company and the union reach an impasse. Transcript: Conway Gittens: Fresh record closing highs for the Dow and the S&P 500 on Wednesday.
Boeing (BA, Financial) continues its downward trend, hitting new 23-month lows due to several unfavorable developments. The company announced that further negotiations with its machinists union were not feasible, retracting its offer.
The aerospace manufacturer withdrew its latest offer to a union whose more than 33,000 members went on strike last month and both sides exchanged blame for the breakdown.
Boeing Company BA shares are trading lower on Wednesday. On Tuesday, the company reported that it delivered over 33 aircraft to customers in September amid the disruption to manufacturing operations.
The commercial jet maker isn't doing great right now, but there is no reason to fear for the future of the company.
Boeing said the union did not consider its proposals seriously after two days of talks.