The Boeing and Machinists Impasse Unfortunately Continues
And users of the finished aircraft are also concerned. Yesterday, Southwest Airlines CEO, Bob Jordan, stated “If the strike goes much longer, there will be an impact” and indicated that fleet and schedule adjustments would be required and growth targets could be at risk. Southwest has nearly 500 Boeing MAX jets on order.
Boeing’s most recent contract offer for striking machinists came closest to the union’s demand for higher wages, yet 64% of ...
A four-week machinists’ strike and resulting slowdown in aircraft-deliveries cost Textron Aviation about $30 million in the ...
Boeing Co.’s stock was slightly lower Wednesday, after the troubled aerospace giant’s third-quarter earnings showed ...
Key Takeaways Boeing shares advanced Monday on word the plane maker and its machinists tentatively have agreed to a new ...
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