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Striking Boeing workers approve labor deal, ending over three-month walkout
Reuters· 2025-11-13 18:54
Core Points - Striking workers at Boeing Defense's St. Louis-area facilities approved the company's latest contract offer, ending a 101-day-long strike [1] - The strike had significant impacts on the production of fighter jets and other programs [1] Company Summary - The approval of the contract offer by the union officials marks a resolution to the prolonged strike, which lasted for over three months [1] - The strike's duration indicates potential challenges in labor relations and production timelines for Boeing Defense [1] Industry Summary - The resolution of the strike is expected to alleviate production delays in the defense sector, particularly for fighter jets [1] - The outcome may influence labor negotiations and operational strategies within the aerospace and defense industry [1]
Striking Boeing defense workers vote on new contract
CNBC· 2025-11-13 16:35
Core Points - Boeing defense workers are voting on a new contract that could potentially end a strike lasting over three months, which has impacted the production of F-15 fighter jets and other programs [1][2] - The proposed contract includes a 24% wage increase over five years and a $6,000 upfront bonus, an increase from a previous $3,000 bonus, while eliminating a prior proposal for $4,000 in later payments [2] Group 1 - Approximately 3,200 Boeing defense workers are involved in the voting process [1] - The strike initiated on August 4, marking the first stoppage for these workers since 1996 [2] - The workers are represented by the International Association of Machinists and Aerospace Workers District 837 [2]
波音被判向埃航坠机一死者家属赔超2800万美元!无人生还
Nan Fang Du Shi Bao· 2025-11-13 05:53
Core Points - A jury in Chicago ruled that Boeing must pay over $28 million to the family of a victim from the 2019 Ethiopian Airlines 737 MAX crash, with the total compensation amounting to $35.85 million including interest [2][4] - This ruling is the first formal judgment among numerous lawsuits following the two 737 MAX crashes that resulted in a total of 346 fatalities [2][4] - Boeing has previously entered into a deferred prosecution agreement with the U.S. Department of Justice, agreeing to pay over $2.5 billion in fines and compensation [2][3] Summary by Sections - **Legal Proceedings**: The Chicago jury's decision marks a significant legal outcome for Boeing, as it is the first formal ruling in a series of lawsuits related to the 737 MAX incidents [4] - **Compensation Details**: The family of the victim will receive a total of $35.85 million, which includes the jury's award and 26% interest, and Boeing has committed not to appeal this decision [2][4] - **Previous Agreements**: Boeing had previously faced criminal charges and entered a deferred prosecution agreement in 2021, which included a commitment to cooperate and implement compliance improvements [2][3]
波音被判向埃塞航空737 MAX坠机遇难者家属赔偿逾2800万美元
Yang Shi Xin Wen· 2025-11-13 02:20
Core Points - A jury in the U.S. District Court for the Northern District of Illinois ruled that Boeing must pay over $28 million to the family of a victim from the 2019 Ethiopian Airlines 737 MAX crash [2] - This ruling is the first formal judgment in a series of lawsuits following the two 737 MAX crashes (the 2018 Lion Air crash and the 2019 Ethiopian Airlines crash) [2] - The family of the victim will ultimately receive $35.85 million, which includes the awarded amount and 26% interest, with Boeing agreeing not to appeal the decision [2]
Boeing ordered to pay more than $28 million to 737 MAX crash victim's family
Reuters· 2025-11-13 00:28
Core Points - A federal jury in Chicago has ordered Boeing to pay over $28 million to the family of a United Nations environmental worker who died in the 2019 Ethiopian 737 MAX crash [1] Group 1 - The jury's decision highlights ongoing legal challenges faced by Boeing related to the 737 MAX aircraft [1] - The compensation awarded reflects the significant financial implications of the crash for Boeing [1] - This case adds to the scrutiny and reputational damage Boeing has experienced since the 737 MAX incidents [1]
UPS faces class action lawsuit after deadly Louisville plane crash
Yahoo Finance· 2025-11-12 23:17
Core Viewpoint - A federal class-action lawsuit has been filed against UPS and two aerospace manufacturers, Boeing and General Electric, following a deadly cargo plane crash in Louisville that resulted in at least 13 fatalities and significant property damage [1][3][4]. Group 1: Incident Details - The UPS cargo jet crash occurred at Louisville Muhammad Ali International Airport on November 3, leading to a fiery explosion that destroyed nearby buildings and caused smoke and chemical contamination for local residents [2][4]. - The crash involved UPS Flight 2976, a McDonnell Douglas MD-11, which lost its left engine during takeoff, igniting 220,000 pounds of jet fuel and causing multiple secondary explosions [6][8]. Group 2: Lawsuit Information - The lawsuit, filed on November 7 in U.S. District Court, claims negligence and product defects against UPS, Boeing, and General Electric, alleging systemic failures in aircraft maintenance and safety [3][5][9]. - Plaintiffs, including a local resident and two businesses, are seeking unspecified compensatory and punitive damages for property destruction, chemical contamination, and personal injuries resulting from the crash [4][9]. Group 3: Investigation Insights - The National Transportation Safety Board (NTSB) is investigating the crash, focusing on the aircraft's maintenance history and the performance of its GE CF6 engines, which have been linked to previous fatal incidents [7].
Boeing October deliveries signal continued recovery, but challenges remain
Invezz· 2025-11-11 17:53
Core Insights - Boeing Co. delivered 53 aircraft in October, contributing to a total of 493 jets delivered in 2025 [1] - The company secured 15 new orders in October, indicating a steady demand for its aircraft [1]
Boeing keeps up strong delivery pace in October
CNBC Television· 2025-11-11 17:47
Production & Deliveries - Boeing's October deliveries totaled 53 airplanes [1] - 39 of the delivered airplanes were 737 Maxes [1] - 737 Max production is increasing from 38 to 42 per month [1] - Boeing is on pace for its best year in annual deliveries since 2018, with 493 total deliveries year-to-date [1] Orders & Backlog - Boeing received only 8 orders in October [2] - Total orders for the year stand at 782 airplanes [2] - The current backlog is 5,911 airplanes [2]
Boeing keeps up strong delivery pace in October
Reuters· 2025-11-11 16:04
Core Insights - Boeing delivered 53 jets in October, contributing to a total of 493 deliveries for the year [1] - The company received 15 new orders in October [1] Delivery Performance - Total jet deliveries for the year reached 493 as of October [1] - October's deliveries amounted to 53 jets [1] Order Activity - Boeing secured 15 new orders in the month of October [1]
Boeing’s 777x Takes a Step Ahead, Report Says. What It Means for the Stock.
Barrons· 2025-11-11 14:10
Group 1 - Boeing's 777x program is making progress, which is viewed positively by the market [2] - Any advancement in Boeing's projects is considered beneficial at this stage [2]