Negotiator For Boeing Union Tells Reuters There Were Some Improvements During Talks But Not Good Enough And Not In Needed Areas; Company Made Some Improvements On Minimum Guarantee For Performance Bonus; Strike Pay Is Working Just As It Is Supposed To, "Very Strong Fund"; Said Now Focused On The Picket Lines: "We're In This For The Long Haul"
Portfolio Pulse from Benzinga Newsdesk
Boeing's union negotiations have seen some improvements, particularly in performance bonus guarantees, but not in critical areas. The union remains focused on picket lines, indicating a prolonged strike.
October 09, 2024 | 8:02 pm
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Boeing's union negotiations have seen some improvements, particularly in performance bonus guarantees, but not in critical areas. The union remains focused on picket lines, indicating a prolonged strike.
The ongoing labor strike and unresolved critical issues in union negotiations suggest potential disruptions in Boeing's operations, negatively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100