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Category Aerospace

IAM rejects Boeing’s latest contract offer

IAM strike

The results of the union vote are in, and the rank and file have rejected Boeing’s latest offer by a 64% negative vote.  This rejection means that the strike will continue and likely result in continued federal mediation between Boeing…

Boeing CEO lays out strategy at Q3 Earnings Call

2024 10 23 152545

Boeing CEO Kelly Ortberg outlined his strategy in advance of the company’s third-quarter earnings call, and most analysts felt that he did not underestimate the tasks ahead and recognized the turnaround will require a long-term strategy and cultural change.  This…