Leeham News and Analysis
There's more to real news than a news release.
IAM International to force vote over 751 objections on Boeing contract offer (via Seattle Times)
Update, 3:30pm PST: IAM 751 leaders have come out opposed to ratifying the contract. This, and a response to Ray Conner’s earlier email, is below the jump, reprinted here. (There is no unique link.) Original Post: The Seattle… Read More
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 won’t release its offer details; IAM v Itself v Boeing
IAM’s offer to Boeing: While IAM 751 released its analysis of the Boeing contract offer of last week, it refuses to release its own offer to Boeing. We asked for it and received a terse, “That’s not available.”… 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Update, 11:30pm PST: KIRO TV (CBS Seattle) quotes Boeing spokesman Doug Alder as saying the Boeing offer has not been withdrawn, contradicting the IAM 751’s understanding.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
777X saga, continued: KING5 speaks with rank-and-file in 45 minute interview
777X saga, continued: KING5 (NBC, Seattle) has a 45 minute panel interview with several rank-and-file members of the IAM 751 Machinists Union to talk about the contract and the Boeing 777X site selection. As of this moment, the… Read More
Audacity and hypocrisy: the Boeing 777X RFP
We received an email from a Reader, who works for Boeing, about the details that emerged last week of Boeing’s Request for Proposals for the site location for the 777X: I went to your site today to see… Read More