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West stated Boeing — which has about $sixty billion in overall credit card debt — is now taking a look at ways to preserve cash. He declined to estimate the monetary effect from the strike, saying it could rely upon how much time the walkout lasts.
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SEATTLE (AP) — Blue-collar employees from Boeing walked picket traces inside the Pacific Northwest instead of setting up airplanes on Friday once they overwhelmingly turned down a proposed deal that may have raised their wages by twenty five% around 4 several years.
Prior to the tentative settlement was announced Sunday, Jefferies aerospace analyst Sheila Kahyaoglu believed a strike would Expense the company about $3 billion depending on the 2008 strike as well as inflation and existing airplane-output costs.
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