Today has been a relatively light day for news on Boeing. The IAM strike and its impacts highlight today’s news. The impact of the strike goes well beyond Boeing to the supply chain, and 500,000 manufacturing workers in aviation across…
Today’s key news focuses on the IAM negotiations and Boeing’s cancellation of health insurance for striking employees, the potential impact of the port strike on Airbus and Boeing east coast facilities, and how faulty parts that caused a rudder problem…
Today’s key news focuses in on Boeing raising equity to shore-up a weak balance sheet. The company, expected to burn another $3 billion in Q3 after burning through $8.2 billion in the first half of 2024, is running low on…
Today’s Boeing news is the IAM strike entering the third week, with talks broken off and no new talks scheduled. The outlook for a quick solution to the dispute doesn’t look good today, which is not favorable to the supply…
Today’s news centers about yet another safety problem for the Boeing 737 and a lack of progress after the company and union resumed talks. The cause of a rudder failure has resulted in an urgent safety alert from the National…
The IAM strike, and its impacts, are the key news items today. The striking workers recognize that they have Boeing over a barrel, as the company’s financial difficulties make a protracted strike unsustainable. Boeing has already lost more than $571…