Boeing Will Sell $19 Billion in Stock Amid Costly Strike
Posted inAirlines and Airplanes Aviation Accidents, Safety and Disasters Boeing 737 Max Groundings and Safety Concerns (2019) Boeing Company Credit Ratings and Credit Rating Agencies Labor and Jobs Layoffs and Job Reductions Ortberg, Robert K. Pensions and Retirement Plans S&P Global Inc Seattle (Wash) Stocks and Bonds Strikes

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.
Boeing Union Workers Reject Contract
Posted inAirlines and Airplanes Aviation Accidents, Safety and Disasters Boeing Company Employee Fringe Benefits Factories and Manufacturing International Assn of Machinists and Aerospace Workers Labor and Jobs Layoffs and Job Reductions Organized Labor Ortberg, Robert K. Pensions and Retirement Plans Seattle (Wash) Strikes Wages and Salaries

Boeing Union Workers Reject Contract

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.
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
Posted inAirlines and Airplanes Aviation Accidents, Safety and Disasters Boeing Company Company Reports Federal Aviation Administration Government Contracts and Procurement International Assn of Machinists and Aerospace Workers Labor and Jobs Layoffs and Job Reductions Ortberg, Robert K. Pensions and Retirement Plans Seattle (Wash) Spirit AeroSystems Inc Strikes

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.