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Niraj Chokshi
Posts
Boeing Union Workers Reject Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a monthlong strike at factories where the company makes its best-selling commercial plane.
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
‘No Smoking’ Sign on Planes Won’t Need Off Switch After FAA Rule Change
The Federal Aviation Administration did away with a rule that had required an off switch for the sign even though smoking on U.S. flights ended…
Boeing Union Says It Will Vote on New Proposal to End Strike
The machinists union that represents more than 33,000 workers said that the deal includes raises of 35 percent over the four-year life of the contract.
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion…
Boeing Will Cut 17,000 Jobs in Bid to Slash Costs
A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.
Boeing and Workers Dig In for a Long Fight, Despite Strike’s Cost
Nearly a month into a union walkout, the aerospace giant withdrew its latest contract offer, and the two sides exchanged blame over the breakdown.
Southwest Airlines Lays Out Changes and New Offerings
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost savings and better profits.
Boeing Says It Has Made Its ‘Best and Final’ Offer to Striking Workers
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.
Boeing to Begin Temporary Layoffs Due to Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.
