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’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
Boeing loses $6.1 billion in Q3 following five-week strike
Boeing reported a net loss of over $6.1 billion in its third quarter Wednesday, as roughly a fifth of its employees went on strike. This comes after the company reached a tentative deal with its 33,
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 loss of $6.17 billion. Boeing cash flow was a negative $1.345 billion .
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent Kris Van Cleave has more.
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.
Boeing Posts $6 Billion Loss Ahead of Strike Vote
Boeing BA-3.18%decrease; red down pointing triangle is debt-ridden, mistrusted and mistake-prone, but also capable of turning itself around. That is the assessment of Chief Executive Officer Kelly Ortberg, who took over the beleaguered jet maker in August ...
Boeing workers to vote on new wage deal that could end strike
Their work stoppage has halted production of the plane maker's best-selling 737 MAX and its 767 and 777 widebodies.
Boeing reports massive $6-billion quarterly loss ahead of vote by union workers
Boeing reports massive $6-billion quarterly loss ahead of vote by union employees whose work stoppage has crippled production.
Boeing posts a $6 billion loss as striking workers vote on a new contract
Boeing reported a staggering loss of $6 billion dollars in the third quarter. The disappointing earnings report comes the same day as striking machinists are voting on a new contract offer.
Boeing Faces $6 Billion Loss as Striking Workers' Vote Looms
Boeing announced a potential $6 billion loss and plans to lay off 17,000 workers while grappling with an ongoing strike that has halted important production.
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Strike, fixed-price contracts leave Boeing defense bleeding cash
Boeing also racked up a roughly $908 million charge on the Air Force’s T-7 Red Hawk trainer, which was driven by expected ...
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 ...
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 ...
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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 ...
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 ...
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 ...
Boeing's new CEO vows to make it 'iconic' again after posting $6.1 billion loss in his 1st earnings
"With the right focus and culture, we can be an iconic company and aerospace leader once again," said Boeing CEO Kelly ...