Boeing workers stage first strike since 2008

Quick Summary:

SEATTLE - Boeing factory workers on the US west coast walked off the job on Friday after overwhelmingly rejecting a contract deal, halting production of the planemaker’s strongest-selling jet and sending its shares down over 2%.

Boeing had said it had offered workers everything it could and needs to plan for the investments needed to replace its best-selling single-aisle models while placating striking workers.

According to TD Cowen, a 50-day strike could cost Boeing $3 billion to $3.5 billion of cash flow.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Seattle Members Deal Workers Shares Strike Contract Boeing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 21:27:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 857 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 22497930

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Official Website: bangkokpost.com

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