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A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 41 days.
Union machinists assemble the 737 Max, Boeing’s bestselling airliner, along with the 777 or “triple-seven” jet and the 767 cargo plane at factories in Renton and Everett, Washington.
Boeing on Monday launched a stock offering that could raise up to $24.3 billion to strengthen finances squeezed by the halt to production of its best-selling 737 MAX and its 767 and 777 widebody ...
John Alexander Ogonowski (Polish: Jan Aleksander Ogonowski, February 24, 1951 – September 11, 2001) was a Polish-American aircraft pilot and an agricultural activist. A resident of Dracut, Massachusetts , Ogonowski was a leading advocate on behalf of farming in Massachusetts, particularly in aiding immigrant farmers from Cambodia , [ 2 ] whom ...
Boeing's largest union urged new CEO Kelly Ortberg on Tuesday to get more involved in contract negotiations to end a strike by around 33,000 U.S. West Coast workers, after the U.S. planemaker cut ...
Boeing’s factory workers walked off the job after midnight on Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new labor contract.
Boeing said Monday it has raised its offer to the International Association of Machinists union to end the strike by 33,000 union members that has now entered its 11th day.
Nov. 4—MOSES LAKE — Boeing International released a fourth contract offer Oct. 31 which members will be voting on today at Our Lady of Fatima Catholic Church. "Yesterday, we reached a proposed ...