With Donald Trump winning the US Presidency on January 20th, the key question is what his election will mean for Boeing and the US Aerospace industry. His proposed tariffs could both introduce a trade war and have deleterious impacts on…
Today’s key Boeing news items focus on what happens after the IAM strike, and what is next as the company’s turnaround efforts continue. The company had to make concessions to end the strike, and tallying up the contract changes underscores…
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The IAM strike at Boeing is over. The IAM machinists have voted 59% in favor of the latest contract offer, which was endorsed by union management. Wages will rise 38% over the next four years, along with signing bonuses and…
Today, IAM union members will vote on a revised deal Boeing offered after trading with IAM’s leadership. The agreement includes a four-year pay increase of 38%, plus a $12,000 signing bonus, tweaks to the 401K plan, and sick time call-outs.…
As we reach the day before US Presidential elections, news items include a discussion how a Trump win could be costly for Boeing and other aerospace and defense firms. If his planned tariffs results in renewed trade wars, costs would…