Boeing withdraws contract offer – worsening the problems

Overnight, Boeing withdrew its 30% pay rise offer. The strike that started on September 13 continues, and bile is rising. Thirty-two thousand people are on strike, causing supply chain mayhem. Boeing is likely to start white-collar furloughs now.

Hurricane Milton may be the most significant news issue in the United States. But an industrial hurricane worsening in Puget Sound will impact more than Milton. Milton will only impact Florida, while the Puget Sound storm will affect the entire global commercial aviation industry. Already, the supply chain is in crisis mode.  As business grinds down, nobody in commercial aviation benefits.  The Boeing strike also impacted Airbus and other OEMs. A weaker supply chain is terrible for everyone.