Boeing HQ
Today’s stories focus on news about production delays and new competition, the fallout from Starliner, and labor issues. A story about Boeing’s production delays also mentions comments from Airbus that the competition is planning a new aircraft program before 2030. That means Boeing will need to counter it to compete, which will likely required $20 billion in cash to develop. That would require changes to Boeing’s balance sheet for the company to remain competitive. Reports from Asia indicate that COMAC will likely open international offices in Singapore and Hong Kong to support international sales of the C919 jetliner.
Two stories about labor focus on the likelihood of a strike, with Boeing stating that it bargained in good faith to reach a deal with the IAM. Another story indicated that the job pledge for Seattle is setting the stage for future labor conflict.
Finally, the aftermath of the Starliner return is generating multiple stories. These stories spoke of the problems experienced, the impact on the stranded astronauts, additional problems with the Starliner, and Boeing’s culture as the cause of the turbulence at Boeing. They are worthy of a read.
Links to today’s key news items follow:
- Boeing’s production delays not unexpected, analyst says – Benzinga
- Chinese plane maker COMAC eyes Singapore and Hong Kong for overseas offices – The Straits Times
- Boeing says it bargained in good faith to reach union deal – Inc.
- Boeing’s job pledge in Seattle sets stage for future conflict – Bloomberg Law
- Ground Control to Major Tom – Flagpole
- The future of Boeing’s crewed spaceflight program is muddy after Starliner’s return – ars Technica
- It’s a good thing that NASA sent the Boeing Starliner back to Earth empty because it had even more problems – Quartz
- First aircraft technical faults, now Starliner. What’s causing turbulence at Boeing? – yahoo
