Posts tagged Emirates
Boeing’s labor strike is so bad that the US Labor Secretary just flew to Seattle to help
October 16, 2024 // Analysts at Anderson Economic Group estimated that the first month of Boeing's 33,000-worker strike, which started on September 13, cost the company and workers $5 billion. The last strike, in 2008, shuttered plants for eight weeks and hit revenue by an estimated $100 million per day. In regulatory filings Tuesday, Boeing announced plans to raise up to $35 billion. That includes a $10 billion credit agreement, while it may also sell up to $25 billion of securities.