Key Boeing news centers about a new offer to the IAM that increases pay by 38%, but does not restore a pension. Union leadership has endorsed this offer, which both sides hope will end the strike. The proposed deal includes…
Talks Resume Today’s news is focused on a productive meeting between Boeing and the IAM. The two sides spoke for the first time since the last offer was rejected, and are apparently making progress toward yet another proposal to be…
Airbus reported its 3rd Quarter 2024 financial results earlier today. Results for the company were positive in commercial aircraft and helicopters, but down for defence and space. Overall, the quarter was positive, and management confirmed full year guidance for 2024…
Today’s key news for Boeing is their $21 billion capital raise to repair their balance sheet and provide adequate cash over the coming year. With significant scheduled debt repayment and funding of operating losses and cash deficits looming, the company…
The key news surrounding Boeing today is the company’s move to raise $19 billion in a share issue to shore up liquidity and maintain an investment grade credit rating. The no vote that resulted in a continuation of the IAM…
The key news and analyses over the weekend speculate on how long the strike will continue and the difficulties of Boeing’s current situation. The tenor of articles is changing, given the difficult position the IAM has placed Boeing in, with…