The strike has deprived the company of much-needed cash that it gets from delivering new planes to airlines. The company reported a third-quarter loss of $6.2 billion.
Boeing reported a massive loss of more than $6 billion in its third quarter, dragged down by a work stoppage and charges tied to its commercial aircraft and defense programs.
(The Center Square) – Nearly a month after 33,000 Boeing machinists went on strike, the president of the local union thinks the aerospace company can afford to meet members’ demands.
The latest news: Striking Boeing workers are ‘in this for the long haul,’ union leader says As the Boeing (BA) machinist strike threatens to drag into its fourth week with no end in sight ...
RENTON, Wash. — The machinists' strike could cost Boeing more than $1 billion a month, per a new estimate from S&P Global that was released on Tuesday. Over 30,000 Boeing employees have been on ...
Members of the International Association of Machinists have been on strike since September 13, grinding operations at the troubled manufacturer to a halt. Credit analysts at Standard & Poor’s ...