Previous close | 6.33 |
Open | 6.33 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 270.00 |
Expiry date | 2026-06-18 |
Day's range | 6.33 - 6.33 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Boeing’s failure to reach a labor agreement with its biggest union last week was just its latest misstep this year. It was once of the top manufacturing companies anywhere.
Contract talks between Boeing and its largest union stalled on Wednesday after both sides failed to reach an agreement on key issues in presence of federal mediators. "While we remain open to further discussions, whether directly or through mediation, currently, there are no additional dates scheduled," the International Association of Machinists and Aerospace Workers (IAM) said in a post on X.
Publicly disclosed Boeing plane purchases by Chinese customers had slowed significantly since Sino-U.S. trade relations deteriorated in 2018 and the manufacturer dealt with a lengthy return to service for the MAX in China after two deadly crashes. The order for 50 MAX jets is the largest by a Chinese customer since China Southern Airlines ordered the same number of MAX planes in 2015, according to data from Boeing's website.