Boeing: Why The Strike Could Cost Billions Of Dollars
BABoeing(BA) Seeking Alpha·2024-09-14 02:11

nycshooter The first weeks of Kelly Ortberg as CEO of The Boeing Company (NYSE:BA) have been very eventful ones. Ortberg, who took the lead at Boeing in August, has been faced with a temporary suspension of the Boeing 777X flight test program, problems with the Starliner and has been unable to prevent a strike at Boeing. In this report, I discuss the strike and while I believe the result is a net negative, I will also discuss why Boeing will have some leverage with customers on penalty payments. IAM Seeks 4 ...