Boeing Board OKs $10bn stock buyback, 50% hike in dividends in move sure to anger IAM members (Updated)

Update, 10 pm PST: IAM 751 gave us its reaction; it’s at the bottom of this post. Original Post: At a time where feelings are running raw with IAM 751 members, the Boeing Board of Directors authorized a… Read More

IAM 751 issues analysis of Boeing contract offer

IAM 751 issued an analysis of Boeing’s most recent contract offer and of the contract that was rejected in a November 13 vote. 751’s president, Tom Wroblewski, accompanied the analysis with a message to members. This is below… Read More

IAM 751’s president issues message to members: here’s why you can’t vote

Update, 11 am PST: Boeing’s Doug Alder just sent us this statement: The union leadership rejected Boeing’s best and final counterproposal. Boeing did not withdraw its counterproposal, nor was there any need to do so, because the counterproposal was… Read More

IAM, Boeing talks fail; 777X site selection evaluation continues; Update: Members to vote on deal

Update, 11:30pm PST: KIRO TV (CBS Seattle) quotes Boeing spokesman Doug Alder as saying the Boeing offer has not been withdrawn, contradicting the IAM 751’s understanding. Update, 9:10 PM PST: The Seattle Times reports the IAM 751 membership… Read More

Odds and Ends: EMB, BBD split AA order; WTO on Airbus subsidies; IAM, Boeing bargaining; KC-46A

EMB, BBD split American order: Embraer took the lion’s share of the long-awaited order from American Airlines for regional jets. EMB won 60 firm orders and 90 options for the E-175 and Bombardier won 30+40 CRJ-900s. Flight Global… Read More

Odds and Ends: From EADS’ Investors’ Day; Illinois and 777X; Air Canada; LOT gets $33m from Boeing

From EADS’ Investors Day 1: Airbus parent EADS is having two days worth of briefings for aerospace analysts. Here’s initial news coverage from Day 1: Reuters: EADS strategy stresses Airbus Reuters: EADS IDs new dividend policy, A350 target… Read More

Details from Boeing RFP obtained by St. Louis Post-Dispatch, Charlotte Observer

The St. Louis Post Dispatch just posted a story detailing some of the information from the Request for Proposals from Boeing for the 777X assembly site. The Charlotte Observer–which obtained the RFP before the Post-Dispatch–has this story. 1pm… Read More