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Boeing Strike Three Governors Demand Action to Protect State Economies

Boeing Strike: Three Governors Demand Action to Protect State Economies

On Tuesday, the Republican governors of Utah, Missouri, and Montana urged Boeing (NYSE: BA) and the union representing 33,000 striking machinists to end a nearly seven-week-old strike citing the impact to their states and to the planemaker’s suppliers.

Separately, Ihssane Mounir, senior vice president of the global supply chain for Boeing’s commercial airplanes unit, told suppliers in an email Tuesday seen by Reuters that the planemaker will need to continue a pause on shipping components for the 737, 767, and 777 programs.

“We understand this may drive you to take additional and difficult actions for your production schedules as well as for your teams,” Mounir wrote.

(Source: Reuters)

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Maria Reed
Maria Reed is a financial journalist with a passion for covering US equities. She joined the ABBO News team in June 2023. Maria holds an M.S. degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg and is a CFA Level 2 candidate.