Boeing

A Boeing machinists union based in Seattle approved a new contract offer by a 59% vote after nearly two months on strike. The offer includes a 38% raise over four years and bonuses.

Boeing is reportedly exploring the sale of portions of its space business, such as its Starliner space vehicle and operations supporting the International Space Station.

The International Association of Machinists and Aerospace Workers, representing 33,000 striking machinists at Boeing, voted to reject the aerospace giant's latest contract offer, extending a strike that has halted key Boeing production lines.

Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.

A Boeing-made satellite launched into space in 2016 that entered service in 2017 is now a "total loss" following a space "anomaly," its operator said.

Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say has been the most costly of 2024.

Boeing announced on Saturday that its striking workers will vote on a new negotiated contract proposal that including a 35% pay hike and more 401(k) contributions.

Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13.

Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.

Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest have remained on the picket lines.

The National Transportation Safety Board issued urgent safety recommendations to Boeing over a steering defect related to its 737 planes, adding its growing list of woes.

Boeing is offering its striking union workers a 30% pay increase over a four-year period in what the company said was its "best and final" offer in ongoing contract talks.

The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million after one week, and those costs are set to escalate.

After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be necessary to keep the company afloat.

A Delta Air Lines flight was forced to returned to Salt Lake City after cabin pressure issues caused some passengers discomfort and bloody noses.

Boeing's CFO delivered a sobering update to employees as the machinist strike rages on threatening the near-term future of the plane maker's financial position.

Alaska Airlines flight attendants reported feeling ill after an unidentifiable odor was detected in a cabin, causing a diversion prior to hospitalization.

Boeing workers in Washington went on strike this week as new CEO Kelly Ortberg purchased a $4.1 million mansion in a gated community in Seattle.