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They'd be stupid to continue a strike over 2% over 4 years. And Boeing will not reinstate a pension. The IAM members don't take into account what the company has gone through in the last 5-6 years, and want to make-up their pay like it was all roses for the last 5-6 years. They act like Boeing hasn't had any struggles and has endless cash to pay them. Part of Boeing's problems aren't all management, some stems from QA practices by the workers in the factory.
+1 Pigs get fed and hogs get slaughtered.
 
I can see your point of view of China growing their aviation industry….. but I think Airbus and Boeing are too far ahead in terms of the various airliner designs they are currently selling.
I get that I would just wonder at a compelling price point would those airline companies condense the designs they want.
All one has to do it produce 2 or 3 of most widely sold designs
 
Machinists see the billions and billions of cash for stock buybacks and now they want a cut of the pie.

Hopefully this gets resolved soon.That is my problems with unions when they get too greedy. They think they are entitled to the money that people who invest in their company make as profit.
The workers can make that same money by investing their money into the company. No one is excluded. But unions entitled to it.
I hope they remember the lessons of the auto industry back in the 80's because this looks like a carbon copy of what is taking place at Boeing to me. Constant mis-steps, poor quality control and massively rising employee costs.
 
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I get that I would just wonder at a compelling price point would those airline companies condense the designs they want.
All one has to do it produce 2 or 3 of most widely sold designs

I agree 2 or 3 designs, but airlines first have to see the reliability, efficiency and safety of these planes.

There’s a reason why there’s no Russian made airliners in the USA.
 
Machinists see the billions and billions of cash for stock buybacks and now they want a cut of the pie.

Hopefully this gets resolved soon.

I was in the PNW back in July and it’s not a cheap place to live, I can understand why they feel their wages are stagnant.
Boeing didn't make that stock sell-off move until the strike kept lingering after two no votes by the IAM. They need money to keep operating. IAM will be lucky if there's a job to come back to, lol.
 
I agree 2 or 3 designs, but airlines first have to see the reliability, efficiency and safety of these planes.

There’s a reason why there’s no Russian made airliners in the USA.
I agree!
But we have to realize just about every piece of technology that we use today comes out in whole or part from China

If China, for some reason it ceased to exist today, as of at this moment, the world would be in disarray from lack of critical components
 
I agree 2 or 3 designs, but airlines first have to see the reliability, efficiency and safety of these planes.

There’s a reason why there’s no Russian made airliners in the USA.
I can just imagine the can of worms involved if any airliners used by USA carriers made by China or Russia crashed because of the manufacturer's fault. Good luck getting those resolved. And what carrier is going to use something that doesn't have solid reliability and safety?
 
Boeing didn't make that stock sell-off move until the strike kept lingering after two no votes by the IAM. They need money to keep operating. IAM will be lucky if there's a job to come back to, lol.

I meant stock buybacks over the past 10 years before this recent strike.

Hopefully they get back to work very soon.
 
I agree!
But we have to realize just about every piece of technology that we use today comes out in whole or part from China

If China, for some reason it ceased to exist today, as of at this moment, the world would be in disarray from lack of critical components
How scary is that?!
 
I agree!
But we have to realize just about every piece of technology that we use today comes out in whole or part from China

If China, for some reason it ceased to exist today, as of at this moment, the world would be in disarray from lack of critical components
You can make that claim for many places. The supply chains are long and there are very few redundancies. For example the majority of Quartz needed to make semiconductors comes from 2 mines in NC. Both mines were shut down from the recent floods. There open again, but if they shut down there would be a shortage of the proper pure quartz. Presumably this could be overcome, but it would take a while, as we found out for many things during the pandemic.

https://www.cnbc.com/2024/10/03/helene-quartz-mine-semiconductor-north-carolina.html
 
Looks like back to work for Boeing IAM.

1730784590218.webp
 
You can make that claim for many places. The supply chains are long and there are very few redundancies. For example the majority of Quartz needed to make semiconductors comes from 2 mines in NC. Both mines were shut down from the recent floods. There open again, but if they shut down there would be a shortage of the proper pure quartz. Presumably this could be overcome, but it would take a while, as we found out for many things during the pandemic.

https://www.cnbc.com/2024/10/03/helene-quartz-mine-semiconductor-north-carolina.html
The CHIPS and Science Act is a critical piece of legislation, in so many ways.
 
Look into this yourself, but I heard a interview with Pimco manager Chris Brighman, and he said that there research told him that markets typically go up for the month after an election, and tend to go up more when its close. The sore spot on that was that it was supposed to start the week before the election.

Either way the markets like stability, so should be good for the market in the near term at least. Crazy good this AM. The steel stocks are up like 10%!
 
Look into this yourself, but I heard a interview with Pimco manager Chris Brighman, and he said that there research told him that markets typically go up for the month after an election, and tend to go up more when its close. The sore spot on that was that it was supposed to start the week before the election.

Either way the markets like stability, so should be good for the market in the near term at least. Crazy good this AM. The steel stocks are up like 10%!
Wasn't close.
 
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