Boeing reports $6.2 billion loss for third quarter results
ARLINGTON, Va.—At its third-quarter 2024 earnings briefing on October 23, Boeing President and CEO Kelly Ortberg shared the grim reality of the company’s financial challenges ahead and his four-point plan to “restore Boeing to the leadership position that we all know and want.” “It will take time to return Boeing to its former legacy, but with […]
V-Day: Tens of thousands of Machinists vote on Boeing’s latest offer
EVERETT—Polling locations in Washington, Oregon, and California open on October 23 at 8 a.m. where approximately 33,000 International Association of Machinist (IAM) 751 & W24 workers will decide to accept or reject the latest October 19 bargaining agreement offer by Boeing. The latest offer is a much better deal from the original union leadership endorsed […]
High-ranking congressional leaders urge Boeing and IAM to reach deal, ‘$8 trillion’ at stake
EVERETT—Three of the highest-ranking congressional leaders—U.S. Senator Maria Cantwell (D-WA), chair of the Senate Committee on Commerce, Science, and Transportation, Representatives Adam Smith (D, WA-09), ranking member of the House Armed Services Committee, and Rick Larsen (D, WA-02), ranking member of the House Transportation & Infrastructure Committee—along with president pro tempore of the United States […]
Boeing announces plans of a 10% total workforce reduction as strike continues
EVERETT—In an email to all employees sent Friday afternoon, Boeing President and CEO Kelly Ortberg announced that due to the ongoing strike, the company will delay delivery of its 777X program by a year to 2026, decommission the commercial program of its 767 freighter, and will now be assessing a total workforce reduction of 10 […]
Boeing strikes back: New allegations of bad faith bargaining, misrepresentation of union leaders
WASHINGTON, D.C.—In a twist of events, The Boeing Company on Thursday, October 10, filed an unfair labor practice charge with the National Labor Relations Board (NLRB) against the International Association of Machinists and Aerospace Workers union (IAM), specifically against 751 president Jon Holden and W24 president Brandon Bryant alleging “bad faith bargaining.” The charge is related […]
Jayapal and fellow Progressive Caucus members call for Boeing contract talks to continue
WASHINGTON, D.C.—Thirty members of the Congressional Progressive Caucus, led by Washington state’s very own United States Representative Pramila Jayapal (WA-07), is calling on Boeing and IAM 751 and W24 negotiating teams to “return to the bargaining table” following the aerospace company’s rescinding its “best and final” September 23 offer on October 8. “IAM District 751and […]
Federal judge overturns $72 million Zunum lawsuit against Boeing
SEATTLE—U.S. District Judge James Robart tossed out a $72 million lawsuit against Boeing on Wednesday, August 14, brought forth by defunct electric-aircraft startup Zunum Aero who alleged that Boeing had “stolen its technology” and shared it with other industry partners. Zunum Aero was founded in 2013 by Dr. Ashish Kumar (CEO) and Matt Knapp (CTO) […]
New temporary SAF Center set to open later this year at Paine Field Airport
EVERETT—The ball is rolling on Paine Field’s new Sustainable Aviation Fuel (SAF) Research and Development Center as the repository prepares to break ground later this year, with a later, permanent facility currently entering its planning phase. SAF’s are a biofuel with similar properties and safety requirements as conventional jet fuel used in aircraft but with […]
US Air Force awards $2.3 billion contract for 15 KC-46A tankers to be built at Boeing Everett
EVERETT, Wash., November 28, 2023―Boeing will build an additional 15 KC-46A Pegasus tankers under a Lot 10 contract awarded by the U.S. Air Force valued at $2.3 billion. One hundred fifty-three KC-46A multi-mission aerial refuelers are now on contract globally, providing advanced capability advantages for the joint force and allies. “We appreciate our partnership with […]
Qantas nearly doubles Boeing 787 Dreamliner fleet with order for 12 widebody jets
SEATTLE, August 23, 2023—Boeing and the Qantas Group announced today the carrier has selected the 787 Dreamliner family to modernize its widebody fleet with an order for four 787-9 and eight 787-10 airplanes. With enhanced fuel efficiency and environmental performance, the 787 Dreamliner is pivotal to Qantas’ global growth strategy to reduce its carbon emissions […]
