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Before the strike, new CEO Kelly Ortberg collected responses from employees in the course of visits to factory flooring, and he “is already at get the job done to receive an arrangement that satisfies and addresses their concerns,” West mentioned.

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West claimed Boeing — that has about $60 billion in overall financial debt — is now considering approaches to conserve cash. He declined to estimate the economical influence of the strike, indicating it will get more info depend on how much time the walkout lasts.

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Before the tentative arrangement was declared Sunday, Jefferies aerospace analyst Sheila Kahyaoglu estimated a strike would Price tag the company about $three billion based upon the 2008 strike as well as inflation and existing airplane-manufacturing prices.

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