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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'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 ...
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 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 ...
(Reuters) -Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union ...
Boeing workers went on strike in 2008 for nearly two months. The ultimate financial impact of this strike will depend on how long it lasts. Boeing shares fell 4% in premarket trading Friday.
Boeing made an improved offer last month that it described as its "best and final", which would give workers a 30% raise and restore a performance bonus, but the union said a survey of its members ...