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Boeing wing mechanic lead Lee Lara, who has worked for the company for 16 years, yells while striking after union members voted to reject a contract offer, Sunday, Sept. 15, 2024, near the company ...
Boeing’s most recent offer included 25% general wage increases over a four-year deal and was endorsed by the machinists union, the International Association of Machinists and Aerospace Workers ...
Boeing (BA) stock hovered near 52-week lows on Tuesday after the planemaker's largest union went on strike last week and analysts estimated that the company could lose over $100 million per day ...
(Reuters) -Boeing increased its wage proposal to tens of thousands of striking workers on Monday, offering a 30% general wage increase over four years in what it called its "best and final" offer ...
The Boeing 737 MAX groundings has had a deep financial effect on the aviation industry and a significant effect on the national economy of the United States. No airline took delivery of the MAX during the groundings. Boeing slowed MAX production to 42 aircraft per month until January 2020, when they halted until the aircraft was reapproved by ...
The Boeing Company. The Boeing Company (or simply Boeing) (/ ˈboʊɪŋ /) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. [5] The company also provides leasing and product support services.
In 1909, William E. Boeing, a wealthy lumber entrepreneur who studied at Yale University, became fascinated with airplanes after seeing one at the Alaska-Yukon-Pacific Exposition in Seattle. In 1910 he bought the Heath Shipyard, a wooden boat manufacturing facility at the mouth of the Duwamish River, which would become his first airplane ...
Boeing proposed a 25% wage increase over four years and other improvements to health care and retirement benefits, but the union had sought raises of about 40%. The strike began on Friday.
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