Boeing Company (BA)
Boeing Machinist Strike Adds Cash Crunch to New CEO's Rescue Mission
A tough job just got much tougher for Boeing's BA -3.69%decrease; red down pointing triangle new CEO.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Spirit Aerosystems Holdings, Inc. (BA) And Encourages Shareholders to Connect
NEW YORK CITY, NY / ACCESSWIRE / September 15, 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 strike could drag on as workers push for higher wages, union leader says
A strike at Boeing "could go on for a while" as workers are confident they can get bigger wage increases and an improved pension, union leader Jon Holden said in an interview with National Public Radio (NPR) on Saturday.
Ending the Boeing Strike Won't Be Easy. Here's Why.
The vehemence of workers over wages and other issues caught the company and union leaders off guard.
Striking Boeing factory workers say they are ready to hold out for a better contract
Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after they overwhelmingly rejected a proposed contract that would have raised their wages by 25% over four years.
Boeing strike could exacerbate global jetliner shortage, experts say
Boeing's first strike in 16 years could further compound global shortages of jetliners that have been pushing up airfares and forcing airlines to keep older jets flying longer, industry executives and analysts said.
Why 96% of Boeing's Machinists Voted to Go on Strike
RENTON, Wash.—Boeing's striking factory workers agree on one thing: They're unhappy.
Boeing works to conserve cash as 33,000 factory workers go on strike
Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after they overwhelmingly rejected a proposed contract that would have raised their wages by 25% over four years.
Boeing gives ominous warning after over 30K workers go on strike: ‘Objective just got harder'
The workers' first strike since 2008 comes as Boeing is under heavy scrutiny from US regulators and customers after a door panel blew off a 737 MAX jet mid-air in January.
Boeing May Need To Offer Additional Concessions To End Strike Despite Multi-Billion Dollar Debt: BofA Analyst
BofA Securities analyst Ronald J. Epstein reiterated a Neutral rating on Boeing Company BA, with a price forecast of $200.
Boeing: Why The Strike Could Cost Billions Of Dollars
The Boeing Company's CEO Kelly Ortberg faces a significant strike, with 23% of the workforce demanding higher wages and job security, impacting production and revenue. The strike could cost Boeing $61-$77 million daily in lost revenue, potentially causing $2.8-$3.5 billion in free cash flow pressure over 56 days. Boeing's strained relationship with unions and history of outsourcing to control labor costs exacerbate the current crisis, risking further instability.
Boeing strike poses challenge to MAX targets, supply chain, CFO says
A strike beginning Friday by more than 30,000 of Boeing's U.S. West Coast factory workers will make it harder for the planemaker to meet a 737 MAX production target and stabilize its supply chain, CFO Brian West said on Friday.
