Boeing Reports 3Q Results Ahead of Union Contract Vote

Oct 23, 2024 · Boeing Reports 3Q Results Ahead of Union Contract Vote. 02:31. ... Boeing Reports 3Q Results Ahead of Union Contract Vote. Bloomberg Surveillance; TV Shows; …

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Boeing Reports $6 Billion Quarterly Loss As Union Contract Vote Gets ...

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Oct 23, 2024 · Boeing on Wednesday reported a quarterly loss of $6.17 billion, blaming the dim financial report partly on the ongoing factory worker strike in the Pacific Northwest. …

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Boeing Posts Big Loss As Striking Machinists Vote On A Contract : NPR

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Oct 23, 2024 · Boeing reported a staggering loss of $6 billion in the third quarter. The disappointing earnings report comes the same day as striking machinists are voting on a new …

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Boeing Reports 3Q Results Ahead Of Union Contract Vote

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Oct 23, 2024 · Boeing's (BA) third-quarter earnings underscored the task ahead for chief executive officer Kelly Ortberg as the company had negative free cash flow of $2 billion in the …

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Boeing Strike Ends As Workers Accept New Contract | Reuters

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Nov 4, 2024 · Vote on deal passed with 59% support Contract offers 38% pay rise over four years Strike halted most jet production, hammered Boeing finances CEO Ortberg faces challenges …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Union

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Oct 23, 2024 · EVERETT, Wash. — Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday …

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Boeing Strike: Contract Vote Makes Earnings Day A Cliffhanger

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Oct 20, 2024 · Boeing and the union representing 33,000 striking members hammered out a tentative new accord that notches up pay by 35% over four years, an unprecedented wage …

fortune.com

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Boeing Workers End Strike After Union Contract Vote - Axios

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Nov 5, 2024 · Boeing's strike that began in mid-September "has ended" after 59% of workers voted on Monday night to ratify a new contract, the union announced at midnight.. Why it …

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Striking Dockworkers Reach Deal On New Contract - Bergen Record

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Oct 3, 2024 · The union went on strike demanding wage increases of 77% over six years with a $5 increase each year of the contract. Workers would make $44 the first year, $49 the second …

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FAQs about Boeing Reports 3Q Results Ahead of Union Contract Vote Coupon?

How much did Boeing lose in the third quarter?

NEW YORK — Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept a company contract offer or continue their crippling strike, which has dragged on for nearly six weeks. ...

How did the Boeing Company perform in third quarter?

The Boeing Company [NYSE: BA] recorded third quarter revenue of $17.8 billion, GAAP loss per share of ($9.97) and core loss per share (non-GAAP)* of ($10.44) (Table 1) primarily reflecting impacts of the IAM work stoppage and previously announced charges on commercial and defense programs. ...

How much money did Boeing lose during labor negotiations?

Boeing reports $6 billion losses as labor contract negotiations continue, with union members set to vote on a contract with a 35-percent pay increase. ...

Will Boeing ratify a union offer?

They will vote at union halls in the Seattle area and elsewhere on a Boeing offer that includes pay raises of 35% over four years, $7,000 ratification bonuses, and the retention of performance bonuses that Boeing wanted to eliminate. Boeing has held firm in resisting a union demand to restore the traditional pension plan that was frozen a decade. ...

How did Su help ratify a Boeing contract?

Boeing said Su was instrumental in moving both sides toward reaching a ratified deal. [1/6]Members of the International Association of Machinists and Aerospace Workers District 751, embrace at a union hall after learning that union members voted to approve a new contract proposal from Boeing in Seattle, Washington, U.S. November 4, 2024. ...

How much ratification bonus will Boeing workers get?

Workers will also get a $12,000 ratification bonus. Boeing, still stinging from a $6 billion quarterly loss and an ongoing machinists strike, hopes to restart its west coast production facilities. They've essentially been shut down since the 33,000 workers went on strike in mid-September demanding higher pay and better retirement benefits. ...