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Boeing withdraws contract offer after talks with union end without a deal - TL;DR CNBC

Boeing withdraws contract offer after talks with union end without a deal

Publishing timestamp: 2024-10-09 03:56:03


Summary

Boeing withdraws contract offer for 33,000 machinists after talks with union break down, costing the company over $1 billion per month. Union and Boeing unable to reach agreement on wage increases and other improvements, prolonging strike.


Sentiment: NEGATIVE

Tickers: BA, 

Keywords: markets,  airlines,  boeing co,  travel,  breaking news: business,  business,  breaking news: markets,  business news,  transportation,  life,  aerospace and defense industry, 

Source: https://www.cnbc.com/2024/10/09/boeing-withdraws-contract-offer-after-talks-with-union-end-without-a-deal.html


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