Skip to content

Are Boeing's problems beyond solution?

    As Boeing's new CEO, Kelly Ortberg's job was never going to be easy. Things got even harder on Wednesday.

    That morning, Ortberg had met with investors for the first time, telling them that ending a grueling strike by Boeing's largest union was the first step toward stabilizing the aircraft manufacturer's operations.

    But as the day wore on, it became clear that nearly two-thirds of union members who voted for the company's latest contract offer had rejected it. The six-week strike continues and is costing Boeing an estimated $50 million a day, delaying the day it can resume production of most planes and further straining its supply chain.

    Read the full article

    Comments