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Boeing workers vote on a new contract
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 ...
Boeing reports $6 billion quarterly loss as striking workers vote whether to accept contract offer
Wednesday is shaping up as one of the most significant days in a volatile year for Boeing, which will also introduce its new CEO on his first earnings call.
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.
Boeing Co. Q3 Loss Increases
Boeing is expected to report a big Q3 loss
The strike is an early test for Kelly Ortberg, a Boeing outsider who became CEO in August. Ortberg has already announced large-scale layoffs and a plan to raise enough cash to avoid a bankruptcy filing.
The Boeing Co. Q3 Loss Increases
The Boeing Co. (BA) reported Loss for its third quarter that increased from the same period last year The company's bottom line
Boeing (BA) Reports Q3 Loss, Misses Revenue Estimates
Boeing (BA) came out with a quarterly loss of $10.44 per share versus the Zacks Consensus Estimate of a loss of $10.34. This compares to loss of $3.26 per share a year ago. These figures are adjusted for non-recurring items.
2h
on MSN
Boeing's new plan to fix its broken culture: Execs on the factory floor
Ortberg said he would consider supplementing the team with outside resources to help address Boeing's culture gaps. At the ...
6h
on MSN
Boeing’s bad year just keeps getting worse: One of its satellites has exploded in orbit, with debris becoming a potential threat to other satellites
A Boeing-made communications satellite has exploded, with debris floating that could potentially be a threat to other ...
7h
on MSN
Boeing loses $6.17 billion in Q3, CEO calls for company reset as IAM votes on ending strike
Boeing CEO Kelly Ortberg called for a fundamental culture change to stabilize the company as it reported a third quarter net ...
6h
on MSN
Boeing Expects to Burn Cash in 2025 in Sign of Lengthy Recovery
Boeing Co. will likely continue to burn cash next year as it grapples with the challenges of ramping up production again ...
6h
Is Boeing's space business falling out of orbit behind SpaceX?
Aircraft manufacturer Boeing (BA) reported a $2 billion loss in its aerospace and defense programs, now totaling up to $3 ...
BBC
7h
Boeing at "crossroads" ahead of crucial strike vote
Boeing
boss Kelly Ortberg has warned the company is at a "crossroads" after losses at the aerospace giant surged to roughly ...
Reuters
1h
Boeing defense's business is 'core', but struggles abound for new CEO
WASHINGTON, Oct 23 (Reuters) -
Boeing
CEO Kelly Ortberg anticipates the planemaker's defense business will continue to ...
3h
Boeing (BA) Q3 2024 Earnings Call Transcript
Thank you for standing by. Good day, everyone, and welcome to the Boeing Company's third quarter 2024 earnings conference ...
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