Sides Dig In Despite Boeing Strike Costs
(Newser)
–
Machinists employed by Boeing have been on strike for more than 3 weeks, with no end in sight; analysts say if the stoppage reaches a month, it could cost the aircraft maker $1.3 billion, the Seattle Times reports. The union sees its position as good, given Boeing’s huge backlog of orders, but a downturn in the airline industry could put workers on shaky ground.
With airlines planning for a winter slowdown, even some whose orders have been delayed by the strike are in no hurry to accept delivery. And the union’s strong front is being met head-on by Boeing, which maintains that outsourcing and lower labor costs enable it to “react nimbly” to a market in flux.
Source:
Seattle Times
Our editors also recommend:
Loading...
