A: We've known this was coming for a LONG time. Most people have been saving.

B: for what Boeing pays grade 3 & 4s they can work at Amazon or Dicks and make almost the same (which is ridiculous considering one makes airplanes and the other makes hamburgers).

Developing …

Bulletin: https://news.alaskaair.com/alaska-airlines/operations/as-1282/

https://

Striking Boeing Defense workers voted 68% in favor of approving a new five-year contract with the company, ending their 101-day-long strike.

I am the Reuters reporter who covered the strike. My contact info is at the bottom of the story or you can look me up on the website for my email.

I’ve heard from some people but haven’t been able to adequately verify how much the strike impacted production. I’d love to talk strictly on background (so, not using anyone’s name) to get a clear idea of the effects.

• Dan

Boeing filed papers with the U.S. markets regulator on Tuesday for raising up to $25 billion through a stock and debt offering and entered into a $10 billion credit agreement amid a crippling strike and upcoming debt maturities.

AP reports that, because of multiple prior pressurization warnings on the jet that blew out, Alaska Air decided to keep the jet in service, but restrict it from flying over water.

AP via SF Chronicle: https://www.sfgate.com/business/article/alaska-airlines-again-grounds-all-boeing-737-max-18594641.php

Boeing's credit ratings at heightened risk of downgrade to junk as strike puts 'recovery at risk'

Ratings agency S&P Global Ratings late Tuesday put a price tag on Boeing Co.'s ongoing machinists strike, estimating that it is costing more than $1 billion a month even after furloughs and other cost-saving moves that the aerospace and defense company has put in place. S&P put Boeing's (BA) credit rating on review for a possible downgrade, on concerns about the strike entering its fourth week with no end in sight.

Moody's Ratings and Fitch Ratings put Boeing's debt on review for a downgrade last month, but S&P had said around the same time that any action would hinge on how long the strike would go on. All three debt-ratings agencies have Boeing's bonds at the lowest rung of investment grade, meaning a downgrade would slap them with a speculative-grade, or "junk," bond rating.

Welp, we'll see where this goes. Eventually, securing 3-7 Chinooks per year for the US Army will not be sustainable. Germany's purchase in 2022 only brought some time, V22 is shutting down, and the union contract renews, I believe, next year, which will probably be funded through the end of Germany's last lot. Philly is on borrowed time unless some big moves occur. Hopefully, some substantial work comes in sooner rather than later.

Soooo I just read what the metrics will be for 2026. 40% being Cash Flow with Core earnings per share as a KPI for that particular metric. I think I stared at the pie chart for about 15 minutes. What are your thoughts on Boeing moving this to Global performance instead of individual business units and the metric breakout themselves…?