Boeing Is Building 737s Faster Than It Has in Years. But Its Engineers Just Authorized an October Strike.
Boeing, the aerospace giant, is ramping up production of its 737 aircraft after years of limited output. In the second quarter, the company reached a production rate of 47 aircraft per month, up from 38 per month that the regulator allowed. This comes as Boeing's engineers have now authorized an October strike, following rejections of the company's contract offers.
The current contracts expire on October 6, and while the strike cannot occur while the current contracts are in effect, it could impact engineering support for the production ramp-up and certification work for the 737-10. Both sides are seeking a resolution, but the precedent from a machinists' strike in 2024 suggests the process could take up to seven weeks. Despite the strike, the demand for 737s remains high, with a record $715 billion order backlog.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
