Boeing crisis: Amid 737 turbulence, Boeing has a brand new headache & its not going away easy
Boeing is facing potential labor unrest as its largest union, the International Association of Machinists and Aerospace Workers, seeks a 40% pay raise over three or four years. The union, still aggrieved over a 2014 deal, has the upper hand due to a resurgent US labor movement and a scarcity of qualified aerospace workers. A strike could disrupt Boeing's plants in Washington and Oregon, impacting production of its 737 jets. Analysts suggest the current environment favors the union's demands, potentially risking a prolonged work stoppage and affecting Boeing's financial outlook.