Boeing makes ‘best and final offer’ to striking workers, but union says it’s not good enough Last Updated: Sept. 23, 2024 at 10:25 p.m. ET First Published: Sept. 23, 2024 at 4:26 p.m. ET Share ...

767 and 777. Since the beginning of 2019, Boeing has lost over $25 billion, including $4.3 billion in the second quarter of 2024 alone, as the company braces for another year of financial losses.

Boeing’s CEO said Wednesday that the company will begin furloughing “a large number” of employees to conserve cash during the strike by union machinists that began last week. Chief Executive ...

and 777 aircraft. Boeing also is pushing back pay raises for salaried employees and suspending all first- and business-class air travel, including for its executives. Shares of Boeing edged higher ...

Aircraft scheduled for flights to Chicago, Boston, Dallas Fort Worth, Seattle The four-class Emirates Boeing 777 features 38 or 40 Business class seats in a 1-2-1 arrangement. Image Credit ...

Boeing is also planning significant reductions in supplier expenses, in a move that could have long-term consequences for production of its 737, 767 and 777 planes. IAM said the existing contract ...

The strike has halted production of Boeing's best-selling 737 MAX jets, along with its 777 and 767 widebody aircraft, delaying deliveries to airlines. Boeing said on Monday it was freezing hiring ...

The strike, still ongoing, forced Boeing to halt 737 production in Renton and 767 and 777 production in Everett, which has significantly dried up the company’s inbound flow of cash. Financial ...

An ongoing strike by 33,000 Boeing machinists took a potentially dangerous turn as a security guard displayed a gun following an altercation with workers walking a picket line on Monday outside ...

Things are in dire straits at The Boeing Company. Just ask the 33,000 ... and cut off most of its orders for 737 Max, 767 and 777 purchases. And leadership is “considering the difficult step ...

Boeing’s commercial 777-9 jet also boasts wing and tail parts made in St. Louis. The company expects to deliver the 777-9s to customers in 2025. DeLane Adams, the union’s assistant ...