The Latest Breaking News from Boeing

The planemaker's CEO, Kelly Ortberg, stated that while factory workers would be repaid for lost wages, the company would still go ahead with its plans to slash approximately 10% of its workforce globally.

A passenger onboard QF520 to Brisbane says it was ‘a real struggle to get airborne and it was clear to everyone … that something was badly wrong’

The United States military test-launched an unarmed nuclear-capable intercontinental ballistic missile from Vandenberg Space Force Base on Nov. 5, 2024.

Recent labor actions lead to improved pay, conditions, and protections for workers across various industries.

Aircraft assembly workers at Boeing factories near Seattle and elsewhere ended a seven-week strike overnight

Joe Biden congratulates company and union for reaching a deal, after direct mediation by the White House

Boeing has substantially underperformed the broader market over the past year, and analysts remain cautiously bullish on the stock’s prospects.

Striking workers at Boeing approved a new contract proposal on Monday, ending a more than seven-week stoppage that had cost the beleaguered aviation giant billions.

The new offer includes an immediate 13% raise, followed by 9% hikes in each of the next two years, and a 7% increase in the fourth and final year of the contract, resulting in a total pay increase of over 43%. Additionally, workers will also receive a $12,000 ratification bonus.