Latest talks between Boeing and its striking machinists break off without progress, union says

edwest4 said:
And what do the striking machinists want?

https://www.npr.org/2024/10/28/nx-s1-5163629/boeing-pension-strike-machinists-union
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I doubt you'll find many people who had a company pension scheme gutted or whipped out from under them entirely who are very happy about it, or wouldn't fight to have them back if the odds turn in their favour . Which is something companies should really have been recording in their risk registers, not touting as a triumph for their shareholders.
 
DWG said:
I doubt you'll find many people who had a company pension scheme gutted or whipped out from under them entirely who are very happy about it, or wouldn't fight to have them back if the odds turn in their favour . Which is something companies should really have been recording in their risk registers, not touting as a triumph for their shareholders.
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I watched the lead up right before a large Midwest printing company closed its doors. Its future looked promising but it became a takeover target. The sharks circled, tendered a buy offer, but that was scuttled since the company had not kept up with its employee pension obligations. I'm still in shock about this. I think it's similar at Boeing. But instead of paying into employee pensions, a decision was made to to forgo the expense. I'm sure shareholders were happy. Let's see how long Boeing can hold out.
 
DWG said:
https://aviationweek.com/air-transp...confirms-no-777-9-deliveries-until-least-2027
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While Boeing’s commercial certification efforts continue to face headwinds, production is a different story. The 737 MAX line is flowing at 42 aircraft per month, Ortberg confirmed, just weeks after the FAA granted Boeing permission to push past 38 per month following a review of the company’s production.

Monthly rollouts may not total 42 given holidays and other production-related nuances, but the 737 production lines are “loading now at the 42 rate, [and] I’m planning that we will exit the year very soundly at the 42 a month rate,” Ortberg added.

The 787 is transitioning from seven per month to eight following a similar FAA review of the company’s North Charleston, South Carolina, production operations.

“We should be at eight by the end of the year, and then we’ll move to 10 next year,” Ortberg said.

The move into double-digits will be tested by supply chain constraints, “particularly seats,” Ortberg said. “We’re continuing to struggle with seat certifications. I think that’s going to be with us for a little bit longer. We are making progress on that, but I think seats will continue to be a constraining item for us, and then just the general supply chain on 787, because we don’t have the buffer.”

The 737 ramp is being aided by a backlog of parts that built up during 2024’s reduced production rates and the late-year strike that halted all Seattle-area final assembly activity for nearly three months.
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