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.
(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.
WICHITA, Kan. (KWCH) - Contract negotiations are back on between the machinists union (IAM District 70, Local Lodge 774) and Textron Aviation amid the third week of a strike that began after ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Shares in Boeing continued falling Thursday, after the airplane maker earlier this week ...
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 ...