Boeing (BA) News & Analysis

Boeing’s four-part turnaround plan includes a more intense focus on the work being done and rethinking the company’s culture.

Boeing union workers on Wednesday rejected the latest proposal from the Dow Jones aerospace manufacturer. Suppliers see little impact.
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Boeing factory workers voted against the company’s latest contract offer and remain on the picket lines six weeks into a strike that has stopped production of the aerospace giant’s bestselling jetliners.Local union leaders in Seattle said …

Boeing posted a huge loss and its striking union rejected a contract offer on Wednesday. A turnaround plan and a $500 billion order backlog give hope.

Until recently, Boeing seemed insulated from any default risk but the continuing machinist union strike comes at a huge cost of about $1 billion in cash a month, and markets are worried.

Some 33,000 machinists in the International Association of Machinists and Aerospace Workers union voted on Boeing’s latest offer.

The strike has halted most of Boeing’s manufacturing for over five weeks.

Boeing machinists rejected a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has halted most of the company’s aircraft production, which is centered in the Seattle…

The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.

The vote comes more than a month after 33,000 union members overwhelmingly rejected a negotiated offer and walked off the job on Sept. 13.

Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal.

Boeing factory workers vote to reject contract and continue 6-week strike

Boeing’s new CEO is planning to put executives in the workers’ shoes to fix its ailing culture.

Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept a company contract offer or continue their crippling strike, which has dragged on for n…

The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.

These are the stocks posting the largest moves in midday trading.

The jet maker posted its biggest quarterly loss since 2020. CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.

Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.

This morning brings us a good amount of meaningful Q3 results: BA, KO, BSX and NEE.

Boeing CEO Kelly Ortberg said "trust in the company has eroded," it’s "saddled with too much debt," and it has had serious performance lapses.