Previous close | 12.96 |
Open | 12.96 |
Bid | 12.45 |
Ask | 13.75 |
Strike | 125.00 |
Expiry date | 2026-12-18 |
Day's range | 12.96 - 12.96 |
Contract range | N/A |
Volume | |
Open interest | 175 |
(Bloomberg) -- Boeing Co.’s quality control monitors must turn solidly green before US aviation safety regulators will be convinced the planemaker can support higher production rates and exit output limits imposed on its 737 Max jetliner. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025After a Record Hot Summer, Pressure Grows for A/C MandatesWorld's Second Tallest Tower Spurs Debate About Who Needs ItUC Berke
The risk of a strike at Boeing appears to be growing, as factory workers complain about a contract offer that their union negotiated with the giant aircraft manufacturer. The president of the union local that represents 33,000 Boeing workers predicted that they will vote against a deal that includes 25% raises over four years and a promise that the company's next new airplane will be built by union members in Washington state. “The response from people is, it’s not good enough,” Jon Holden, the president of the union local, told The Seattle Times newspaper.
Aerospace firm Boeing doesn’t expect to reach production of 42 737 MAX jets a month until early 2025, about six months later than originally planned.