Boeing warns strike will 'jeopardize' recovery, hurt aircraft production
Publishing timestamp: 2024-09-13 16:01:08
Summary
Boeing workers went on strike after rejecting a labor agreement, impacting production of bestselling planes like the 737 Max. The strike could have a significant financial impact on the company, potentially leading to credit rating downgrades and increased borrowing costs. The workers are seeking higher wages and better benefits, with the strike being the first since 2008.
Sentiment: NEGATIVE
Tickers: BA,
Keywords: breaking news: markets, breaking news: business, breaking news: economy, aerospace and defense industry, transportation, markets, business, airlines, life, personnel, boeing co, business news, travel, labor economy, economy,
Source: https://www.cnbc.com/2024/09/13/boeing-cfo-labor-strike-recovery-aircraft-production.html