A decade ago, Boeing stopped offering the gold standard of pension plans — one that pays out guaranteed sums to retirees. The loss of the pension still angers many members of the company’s largest union. On Wednesday, the union’s members voted by a large margin to reject an improved contract …
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Boeing’s new chief executive, Kelly Ortberg, shared his vision on Wednesday for how to restore the beleaguered business, delivering his most comprehensive public remarks on strategy since taking the role in August. But, he acknowledged, he must first end a financially damaging strike. The aircraft maker also shared more detail …
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Leaders of Boeing’s largest union said on Saturday that they had reached a “negotiated proposal” for a new contract and would put it up for a vote to end a long and expensive strike. In a post on its website on Saturday, the union said that “with the help of …
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Boeing’s new chief executive on Friday announced plans to reduce its work force by 10 percent, or about 17,000 jobs, as he seeks to restructure the company in an effort to slash costs and improve production of planes, which has been plagued by numerous delays. Kelly Ortberg, who became chief …
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