Boeing's gloomy outlook

Boeing’s latest offer includes a 35 percent pay increase, but it does not accept the union’s pension requirements. AIM President Jon Holden said the union is willing to resume talks with Boeing to resolve the dispute. A Boeing spokesman said on October 23 that the company had no comment on the rejection.

Boeing workers strike in Washington state (USA) on October 23

The strikes began on September 13 when 95% of workers rejected Boeing's first offer, which included a 25% pay increase and the deployment of a commercial aircraft production program in the Seattle area of Washington state (USA) for the entire 4 years of the contract.

The ongoing strikes have compounded Boeing's troubles since the mid-air door failure of an Alaska Airlines plane in January. Boeing reported a massive $6 billion loss in the third quarter of 2024 on October 23. The company has lost nearly $8 billion so far this year.

In addition, Boeing CFO Brian West said the target of producing 38 737 MAX aircraft per month will be delayed amid the prolonged strike. To solve the short-term difficulties, Mr. West said the group will issue more shares and bonds. According to Reuters, citing a source familiar with the matter, Boeing's issuance size is about 15 billion USD.

Despite the series of crises, Boeing's leadership remains optimistic. Boeing CEO Kelly Ortberg said: "Boeing is a big ship and it takes time to turn around. When it turns around successfully, it will return to its glory days."

Source: https://thanhnien.vn/trien-vong-u-am-cua-boeing-185241024211940086.htm