Still, in a statement released with the worrying financial details, Boeing CEO Kelly Ortberg, who took charge in August, spoke of the new Machinists contract as a positive for the future.

Boeing (BA) reported preliminary fourth ... cash flow loss due to the effects of the IAM (International Association of Machinists) work stoppage, alongside workforce reductions and changes to ...

(Boeing) Boeing continues to recover from a series of production and safety issues as well as last year's International Association of Machinists ... actively managing contracts with customers.

FILE- A Boeing ... the contracts to achieve better outcomes for both parties,” Ortberg. On the commercial aircraft side of the company, some 33,000 International Association of Machinists ...

FORT WORTH, TX, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Today, GE Aerospace union workers ... investments. Boeing’s recent troubles —including a strike by 33,000 machinists last fall—have drawn ...

"The U.S. Air Force is clearly working with us to find a better path forward on these programs, both for us and for them," ...

The net loss for 2024 totalled $11.82bn, an increase from the $2.24bn net loss in 2023. "Boeing posts GAAP loss per share in Q4 2024 " was originally created and published by Airf ...

The other big vote this week: Boeing's striking machinists will vote on a new contract with 38% raises ... the fourth offer from the company (The union rejected an unnegotiated offer in the ...

Boeing has announced its Q4 2024 and full-year results, ending the quarter and the year with a net loss of $3.8 billion and $11.8 billion, respectively, with revenues being significantly lower during ...

Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.