Boeing's Tentative Union Deal And Starliner Return Boost Sentiment, But Analyst Remains Neutral Pending Vote

The Boeing Company (NYSE:BA) shares are trading higher today following a tentative deal with workers to avert a strike.

The company reached a tentative agreement with a union that represents over 32,000 workers in the U.S. Pacific Northwest. This agreement could prevent a potential strike that was set to begin as early as Sep. 13.

The proposed four-year contract, which includes a 25% wage increase and a commitment to build the next commercial airplane in the Seattle area, marks a significant win for new Boeing CEO Kelly Ortberg.

B Of A Securities analyst Ronald J. Epstein writes that in their previous discussion with IAM 751 President Jon Holden, the union’s key priorities were outlined as – Wages, Job Security, ...

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Boeing's Tentative Union Deal And Starliner Return Boost Sentiment, But Analyst Remains Neutral Pending Vote

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