Boeing Will Furlough Non-Union Employees As Strike Continues
ForbesSEP 2024
Even with these furloughs and cost-cutting measures, if these strikes are prolongued, they will severely strain Boeing's finances and could threaten their credit rating. The company needs to get a handle on these negotiations as soon as possible.
So far, Boeing has come up way short in its offer to the union, particularly with respect to pay and pension. The company does not seem to be taking the mediation process seriously.
There's a 1% chance that Boeing will release a new midsize aircraft, likely called the 797, into commercial service before 2030, according to the Metaculus prediction community.