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Striking Boeing workers vote on contract
Boeing awaits union vote on wage deal that could end costly strike
Boeing factory workers will vote on Wednesday on a new contract proposal that could bring an end to a more than five-week strike, in a crucial moment for the troubled planemaker as it wrestles with a deepening financial crisis.
Boeing workers vote on proposal that could end strike
The strike was set to cost Boeing $108 million per day in lost revenue, amounting to as much as $5.5 billion in losses should the work stoppage last 50 days, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 40 days.
Striking Boeing workers vote on contract as company’s losses grow
Members of
Boeing
’s largest union began voting Wednesday whether to end their 41-day
strike
and accept a four-year contract proposal as the aerospace giant reported a quarter of multibillion-dollar losses, and its new CEO acknowledged the company’s ...
7h
Boeing Machinists appear split on offer to end strike as they cast ballots
The union members will vote until 5 p.m. today on the contract offer, after Boeing earlier announced another staggering ...
2h
Boeing loses $6.1 billion in Q3 following five-week strike
The company reached a tentative deal with its 33,000 employees, which includes a 35% wage increase over four years, a $7,000 ...
31m
Boeing’s new CEO says the company will be ‘iconic’ again—even after losing more than $6 billion last quarter
“It will take time to return Boeing to its former legacy but, with the right focus and culture, we can be an iconic company ...
Investopedia on MSN
8h
Boeing Posts Wider Loss Than Expected as It Awaits Union Vote on Ending Strike
David Ryder / Bloomberg via Getty Images
Boeing
(BA) reported third-quarter results below analysts' estimates Wednesday as ...
1h
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly ...
9h
on MSN
Boeing Earnings Come as Labor Votes on Strike. Wednesday Is Huge for the Stock.
Investors have much more on their minds than earnings. Still, the company will report third-quarter results on Wednesday ...
1d
Boeing strike costliest in economic damage so far in 2024
Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say ...
6h
on MSN
Boeing CEO warns no quick fix to planemaker's crisis as losses balloon to $6 billion
By Abhijith Ganapavaram, Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a cautious path to turn the company ...
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Reuters
Kelly Ortberg
United States
International Association of Machinists and Aerospace Workers
Spirit
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