Boeing reports $6.2 billion quarterly loss ahead of vote by union workers

Boeing reports a $6.2 billion third-quarter loss due to labor disputes and expenses. New CEO Kelly Ortberg acknowledges challenges and plans layoffs and funding strategies to avoid bankruptcy. A crucial machinists' strike vote on Boeing's proposed pay increases and pension demands is awaited, potentially resuming 737 production if resolved.

Oct 23, 2024 - 18:30
Boeing reports $6.2 billion quarterly loss ahead of vote by union workers

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Boeing reports a $6.2 billion third-quarter loss due to labor disputes and expenses. New CEO Kelly Ortberg acknowledges challenges and plans layoffs and funding strategies to avoid bankruptcy. A crucial machinists' strike vote on Boeing's proposed pay increases and pension demands is awaited, potentially resuming 737 production if resolved.
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