Boeing Faces Uncertain Future Despite Strike Resolution
As machinists return to work, Boeing grapples with financial losses, regulatory challenges, and potential trade impacts.
- Boeing's eight-week machinists strike ended with a new contract, ensuring wage increases and bonuses for workers.
- The company continues to struggle with nearly $40 billion in losses since 2019, compounded by quality and safety issues.
- Regulatory scrutiny remains high following a January incident, capping production and delaying new aircraft approvals.
- Boeing's sales to China could suffer under President-elect Trump's proposed tariffs, threatening its status as a major exporter.
- Despite the strike's end, Boeing plans to lay off 17,000 employees due to overstaffing and inefficiencies.