Boeing Company (BA)
Striking Boeing machinists vote on union-backed contract proposal, this time with a warning
Boeing's more than 32,000 unionized machinists walked off the job on Sept. 13. Monday's vote on a new labor deal will be their third since September and marks the company's fourth offer.
One of Boeing's biggest customers leveled fresh criticism over ongoing 737 Max delivery delays
Ryanair, Europe's biggest airline, repeatedly criticized Boeing in its latest earnings report. The budget carrier said delays to plane deliveries would lead to a 5 million passenger shortfall.
Boeing workers vote on wage deal that could end strike
Boeing U.S. West Coast factory workers will hold a vote on an improved contract offer on Monday that could end a seven-week strike and restart jet production at the troubled planemaker.
Pentagon audit reveals eye-watering amount Boeing overcharged the Air Force for spare parts
Boeing overcharged the Air Force nearly $1 million for spare parts on C-17 cargo planes, including an 8,000% markup for simple lavatory soap dispensers, according to the Pentagon's inspector general.The Defense Department's auditor reviewed prices paid for 46 spare parts on the C-17 from 2018 to 2022 and found that 12 were overpriced and nine seemed reasonably priced. It couldn't determine the fairness of prices on the other 25 items.The Office of the Inspector General said it reviewed the soap dispenser prices after getting a hotline tip.Boeing disputed the findings.
Raised eyebrows as Boeing reportedly mulls sale of stellar space enterprise
Company that helped build Nasa's Saturn V rockets said to be keen to focus on fixing problems in core aircraft business
Boeing Will Be Much Less Profitable After the Strike
Labor costs will rise and earnings will fall for Boeing in future years.
A Trump Win Could Be Costly For Boeing And Aerospace & Defense
New Boeing CEO Kelly Ortberg has a full plate: his Seattle-area assembly workers are on strike; customers and regulators are breathing down his neck to fix manufacturing quality problems with the company's commercial airplanes; and his defense and space division is bleeding red ink. But if voters return former President Donald Trump to the White House in the Nov. 5 election, he could face a plane-load of new problems.
Is It Finally Time To Buy Boeing?
Prior management was sensitive to the price of the shares and downplayed serious problems. But a deeper analysis was available by a study of competitors, FAA findings, Dept of Defense feedback, and more. I saved many investors the mistake of buying Boeing prematurely over the last 4 years by digging deeper into the real issues.
Is Boeing Out of Orbit? Here's How It Can Get Back to Basics and Turn Things Around
It has experienced a number of setbacks in its space exploration business, and it might be time to move on.
Boeing CEO: time for planemaker to 'focus on rebuilding the business'
Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new four-year contract deal that includes a 38% pay hike that would end a seven-week work stoppage.
Boeing reaches tentative deal with striking union
Aircraft manufacturer Boeing (BA) has reached a tentative labor deal with striking factory workers. The International Association of Machinists and Aerospace Workers (IAM) union will vote on the latest contract this Monday, November 4, as the strike stretches into its seventh week today.
Boeing's bonds are offering juicy yields as hopes build for end to machinists strike
Boeing's stock rose Friday on hopes for an end to a costly strike as members of its machinists union geared up for a third contract vote on Monday, but its bonds were also looking attractive.
