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Boeing Withdraws Pay Offer
Boeing withdraws contract offer after talks with striking workers break down
Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down.
Boeing halts talks, withdraws pay offer to striking union
Boeing said on Tuesday that it had withdrawn its pay offer to around 33,000 U.S. factory workers and no further negotiations were planned with their union representatives as a financially damaging strike nears its fourth week.
Boeing withdraws 30% pay rise offer to striking staff
Last month, Boeing announced what it called its "best and final" offer to workers, which proposed a 30% rise over four years - lower than the 40% being demanded by the union.
FAA Issues Safety Alert on Boeing 737 Rudder Issue
US FAA Issues Safety Alert Over Boeing 737 Rudder Issue
The Federal Aviation Administration said on Tuesday it issued a safety alert to airlines warning of the potential for limited or jammed rudder movement on certain Boeing 737 airplanes after a safety official urged the agency to take action.
FAA Issues Safety Alert for Boeing 737 Planes Equipped with Optional Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
U.S. aviation regulator issues safety alert over rudder issue in some Boeing 737 planes
The U.S. Federal Aviation Administration (FAA) on Tuesday issued a safety alert informing operators of the potential for limited or jammed rudder movement on certain Boeing (NYSE:BA) 737 airplanes. The FAA issued a so-called Safety Alert for Operators (SAFO).
Boeing Cautions on Deliveries
Boeing Cautions on Deliveries After Strike Curbs Aircraft Output
Boeing Co. managed to hand over 33 aircraft to customers in September, when a strike shut down large parts of its manufacturing, while warning that the work stoppage at its main production hub in the Seattle area will reduce future deliveries.
Boeing deliveries lag amid ongoing Machinists strike
Boeing delivered fewer airplanes in September compared with recent months and past years, as it felt the first effects of the ongoing Machinists strike.
Strikes threaten Boeing’s bottom line
Plus, activist investor Starboard Value has built a $1bn position in struggling drugmaker Pfizer, and tens of thousands of striking machinists are threatening Boeing’s recovery. “You only go to the party if everyone is going”: finance bosses shun COP29 The FT News Briefing is produced by Niamh Rowe,
2h
on MSN
Boeing's negotiations with union leaders break down 2 days after restarting
Boeing has withdrawn its contract offer two days after returning to negotiations. The IAM said the planemaker was "hell-bent" ...
55m
on MSN
These Stocks Are Moving the Most Today: Alphabet, Boeing, Palantir, DJT, Tesla, Arcadium Lithium, and More
The Justice Department considers a breakup of Google, Boeing’s credit rating is at risk of being downgraded to junk status, ...
3h
Months Before Ethiopian Crash, Boeing Turned Aside Carrier’s Questions
Ethiopian Airlines appeared to foresee the deadly confusion its pilots would face if flawed software in the Boeing 737 Max ...
3h
on MSN
Boeing's latest headache: a possible junk downgrade
S&P Global Ratings is considering downgrading its bonds to junk status — and Moody's said last month that it too was eyeing a ...
15h
Boeing weighs options for raising cash as ratings downgrade looms, sources say
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources ...
16h
Boeing at Risk of Junk Rating With S&P Amid Strike
Boeing Co. is at risk of losing its investment-grade credit rating with S&P Global Ratings, which put the planemaker on ...
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International Association of Machinists and Aerospace Workers
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