A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.
Category: Ortberg, Robert K
Boeing Union Workers Reject Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.
Boeing Will Cut 17,000 Jobs in Bid to Slash Costs
A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.
Boeing Faces a Steep Climb in Catching Up to Airbus
As Boeing works to address quality control issues, its new chief starts at a disadvantage in competing with the other big maker of passenger planes.