Boeing Stock Buyback: Boeing announced a stock buyback of #3.6bn for next year. Wells Fargo has this to say in a research note issued today: Boeing had more than $11B of cash on the balance sheet at the… Read More
SPEEA v Boeing: The Seattle Times reported that there is a very high chance of a strike by SPEEA against Boeing come February. This is, of course, bad news for all concerned. SPEEA is already talking about a… Read More
Boeing and its engineers’ union, SPEEA, suspended talks Dec. 4 until after the first of the year at the request of the federal Mediator. Boeing and SPEEA issued terse statements citing the Mediator but adding no comment of… Read More
Labor contract negotiations between Boeing and SPEEA took a turn for the worse (and things were bad already) when Boeing asked for federal mediation. If this request is granted, SPEEA won’t be able to strike while mediation is… Read More
Within minutes of each other, we received the updates from Boeing and SPEEA, below. It doesn’t sound like they were in the same meeting. Boeing and SPEEA discuss Ed Wells Partnership funding Today, Boeing and SPEEA had… Read More
The Everett Herald has this story. The Seattle Times has this story. Sunday, November 25, is a critical date in the looming confrontation between Boeing and its White Collar engineers union, SPEEA. This is the date the current… Read More
Air France v Rollsr-Royce: The saga continues-see this Bloomberg story. We understand there is more to it than just maintenance. Rolls wants AF to order the Trent 1000 for the 787 order, too. Virgin America: This airline, headquartered… Read More
MAX BBJs: Boeing is offering 737-8/9 MAX BBJs but not, as yet, a 7 MAX BBJ. Boeing says it is still studying a 7 MAX BBJ. there have so far been no orders for the 7 MAX. Airbus… Read More
The Seattle Times has this story about the latest developments in the contract negotiations between SPEEA and Boeing. The Everett Herald has this story. Note the discussion of moving jobs in The Times story and note what we… Read More