Boeing Company (BA)
Boeing not taking strike talks seriously, union says
The union for striking Boeing workers said Tuesday the aviation giant was not "taking mediation seriously," after some 33,000 US employees walked out last week over a contract dispute, effectively shutting down two Seattle-area plants.
Boeing, union negotiators set to resume talks on Wednesday
Negotiators at Boeing and its largest union are due to resume talks over a labor contract on Wednesday, after the two sides met on Tuesday but continued to disagree on key issues of wages and pensions, the International Association of Machinists and Aerospace Workers (IAM) said.
Boeing, union resume talks as strike empties Seattle plants
Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.
Is Boeing Stock Going to $240? One Wall Street Analyst Thinks So.
The near-term risk is significant, but the long-term opportunity shouldn't be discounted. Boeing's multiyear backlog makes it easier for management to agree to an improved worker contract.
Boeing, union negotiators to meet as striking workers dig in
Negotiators at Boeing and its largest union are due to resume talks over a labor contract on Tuesday, as the planemaker seeks to bring a swift end to a strike that is costing the indebted company an estimated $100 million a day.
Boeing execs barred from flying business class to save money during strike
Boeing is "eliminating" first and business-class travel for executives, per a memo seen by BI. The aviation giant is battling to cut costs after thousands of workers went on strike.
Boeing Stock Faces Risks Beyond the Strike. Shareholders Beware This Threat.
No matter how long the current labor strike lasts at Boeing, investors are looking at an equity capital raise to address the airplane maker's ailing balance sheet.
Debt, Drama, And Dreams: Why A Boeing Recovery Could Pay Off Handsomely
Boeing faces major challenges, including heavy debt, labor strikes, and operational delays, which have weakened its financial position and stock performance. Despite the turbulence, Boeing holds a $500B backlog of 5,400 planes, ensuring demand for years to come, offering a strong long-term recovery potential. If Boeing stabilizes production and resolves its issues, it could see significant growth by 2026. However, the stock remains volatile and risky for conservative investors.
Boeing Slashes Costs Company-Wide After Union Approves Strike
Boeing (BA) is putting in place a hiring freeze and implementing other cost-cutting steps after its largest labor union approved a strike last week, according to an internal memo sent to Boeing employees.
FAA chief to testify on Sept. 24 on Boeing quality turnaround plan
The head of the Federal Aviation Administration will testify on Sept. 24 before the House of Representatives Transportation Committee on Boeing's quality improvement plan, the committee said Monday.
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than 30,000 workers, analysts said on Monday.
Boeing's CFO says business 'in difficult position': Read memo to employees
Boeing's CFO delivered a sobering update to employees as the machinist strike rages on threatening the near-term future of the plane maker's financial position.
