Despite a crippling strike among 33,000 The Boeing Company's (NYSE: BA) machinists, which may have just ended, an FAA review of its quality control, a door plug that failed on a 737-9 Max in January, and a plan to sell $10 billion to raise needed cash, a large number of Wall St.
Boeing and its labour union have reached a tentative agreement that could end the monthlong strike, which has halted production of key aircraft such as the 737 MAX and 777.
Striking machinists vote Wednesday on a new contract proposal.
Boeing (BA) reports its results for the third quarter Wednesday morning, with analysts expecting the embattled plane manufacturer to continue burning through billions of dollars amid safety and production issues and an ongoing machinists union strike that began over a month ago.
A Delta Airlines Boeing 767 aircraft bound for New York made an emergency stop due to a technical incident at the Blaise Diagne International Airport in Senegal on Saturday, the West African nation's transport ministry said.
Boeing (BA) and the union representing its machinists reached a tentative deal that could end the five-week long strike that has hobbled the aircraft maker's operations.
Boeing reached a tentative agreement with its striking union workers Saturday, according to multiple outlets, ending a five-week-long strike that halted production of the company's key aircraft, threatened large layoffs and heightened its financial struggles.
Boeing and union leaders have reached a deal that could end the machinists' strike. The proposed deal includes a 35% general wage increase spread over four years.
Boeing and its machinists' union have reached a new contract proposal. The deal could end a more than month-long strike that has hobbled the manufacturers' production.
Boeing and its machinists union have reached a tentative agreement that could end a strike that has halted most production in the past month.
Their work stoppage has halted production of the plane maker's best-selling 737 MAX and its 767 and 777 widebodies.
The numbers are clear. Every defense stock in America now costs more than it's worth.