Boeing faces a potentially crippling strike in the Seattle region, depending on how 33,000 workers vote Thursday on a new contract that has angered many employees despite solid wage gains.
Boeing faces a possible strike as early as Friday if most of the U.S. planemaker's factory workers in the Pacific Northwest vote on Thursday to back a work stoppage and reject a tentative deal that has enraged many of them.
Boeing Company BA shares are trading lower on Wednesday. On Tuesday, Boeing stated that it delivered 40 commercial jets in August, five more than in the same month of 2023 when a manufacturing defect affected 737 MAX production.
NEW YORK CITY, NY / ACCESSWIRE / September 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
Boeing bargained in good faith with one of its biggest unions for the new labor contract and "did not hold back with an eye on a second vote", its chief operating officer said on Tuesday in a letter to employees seen by Reuters.
Boeing (BA) has pushed back its target date to reach a milestone production level for its 737 MAX jet, according to a Reuters report Tuesday.
Boeing said on Tuesday it delivered 40 commercial jets in August, up five from the same month in 2023 when it struggled with a manufacturing defect on its 737 MAX, as the U.S. planemaker eyes higher output under new CEO Kelly Ortberg.
The head of the Federal Aviation Administration said Tuesday the agency must ensure the planemaker's safety processes are adequate before it will lift its 737 MAX production cap.
NEW YORK CITY, NY / ACCESSWIRE / September 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
Aerospace firm Boeing doesn't expect to reach production of 42 737 MAX jets a month until early 2025, about six months later than originally planned.
A tentative labor contract agreed between Boeing and one of its biggest unions has angered many workers who were hoping for higher wage hikes and better pensions, an official who negotiated the deal said on Monday.
Boeing Co has told suppliers it is delaying a key production milestone for its 737 MAX by six months, three industry sources said, in a sign the planemaker is struggling to boost production of its best-selling jet.