Three Republican Governors Urge Boeing And Union To Resume Negotiations To End Machinists Strike; Boeing Informs Suppliers Of Extended Halt On Most Shipments For 737, 767, 777 Programs Due To Strike
Portfolio Pulse from Benzinga Newsdesk
Three Republican governors are urging Boeing and the union to resume negotiations to end the machinists' strike. Boeing has informed suppliers of an extended halt on most shipments for its 737, 767, and 777 programs due to the strike.
October 29, 2024 | 8:50 pm
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Boeing faces pressure from Republican governors to resolve a machinists' strike that has led to an extended halt on shipments for its 737, 767, and 777 programs.
The machinists' strike is directly impacting Boeing's production and shipment capabilities for key aircraft programs. The involvement of governors highlights the significance of the issue, suggesting potential political and economic pressure to resolve the strike. This situation is likely to negatively impact Boeing's stock in the short term due to production delays and potential financial implications.
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