Leeham News and Analysis
There's more to real news than a news release.
Leeham News and Analysis
- Solid start for stand-alone GE Aerospace despite cuts to LEAP output April 23, 2024
- SPEEA, Boeing at impasse over safety program, union says April 23, 2024
- Better transparency needed on Boeing’s 1Q earnings call April 22, 2024
- Bjorn’s Corner: New engine development. Part 4. Propulsive efficiency April 19, 2024
- Boeing unlikely to meet FAA’s 90-day deadline for new safety program April 18, 2024
Today’s the big day for Boeing, IAM, WA State and rivals
Today is Wednesday, Nov. 13, and it is the big day for Boeing, IAM, Washington State and rival states wanting to build the Boeing 777X. IAM 751, the local union that provides the “touch labor” to assemble all… Read More
Countdown to the IAM 751 vote Wednesday on Boeing’s contract offer
The vote of IAM 751 membership on the Boeing contract proposal is Wednesday, and over the weekend, some disturbing details emerged in the non-stop coverage locally. The Seattle Times’ Dominic Gates reports that it’s now clear there is… Read More
Special to Leeham News: A compromise on pension plan
With the IAM 751 membership vote scheduled for Wednesday this week, one of the biggest areas of controversy is Boeing’s plan to eliminate the defined pension benefit plan in place now and replace it with a 401(k) plan…. Read More
Boeing to explore options on 777X
Boeing issued this statement late last night on the news the IAM likely won’t approve the contract offer in exchange for Boeing siting the 777X assembly in Everett: All of our options are still on the table, including… Read More
IAM calls Boeing offer “piece of crap,” to seek to withdraw it and not put up for a vote
Holy crap. Here’s the story from The Seattle Times.
Politics rears head over Boeing state incentives
It took no time at all for politics to rear its head in Washington State over Gov. Jay Inslee’s proposal for an incentive package for Boeing in exchange for siting the 777X in Everett. Republicans, who oppose any… Read More
New 777X facilities to be 1.5m sf, one third the size of Boeing’s Everett plant: IAM
With the release by IAM 751 of the summary of the contract terms to be voted on next week by the membership as one step required for Boeing to select Everett as the assembly site for the 777X,… Read More
Assessing the 777X events for Washington State, IAM, Boeing
Update, Nov. 6, 10:00am PST: A summary by IAM 751 of the contract details is here. Original Post: Here’s our take on the news that the IAM and Boeing reached a tentative agreement leading to the selection of… Read More
IAM, Boeing have tentative deal; Washington State steps up for 777X
The International Association of Machinists and Boeing have a tentative agreement that means the Boeing 777X will be built in Everett. The new contract is eight years, to 2024. The IAM membership is to vote on the contract… Read More