Boeing strike costs set to soar if labor dispute drags on
BABoeing(BA) Fox Business·2024-09-20 18:20

Boeing's rough year got even worse last week when some 33,000 of its unionized workers went on strike, and the work stoppage is expected to cost the beleaguered aerospace company dearly if it extends for too long. Since Boeing workers represented by the International Association of Machinists and Aerospace Workers' Union (IAM) walked off the job last Friday, the workers and the company's shareholders have lost at least a combined $571 million, according to an analysis by Anderson Economic Group (AEG) – and ...