Boeing Machinists Strike Stalemate Threatens Financial Stability

Negotiations between Boeing and the Machinists union remain deadlocked over wage increases and pension demands as the strike enters its fourth week.

Boeing and the Machinists union are at an impasse, with both sides refusing to compromise on key issues like wages and pension restoration.
The strike, involving 33,000 workers, has already lasted nearly a month, significantly impacting Boeing's financial health and production capabilities.
Boeing's latest offer included a 30% wage increase over four years, but it was withdrawn after union members indicated they would reject it.
The company's credit rating is under threat, with S&P Global Ratings considering a downgrade to junk status, complicating Boeing's financial recovery.
Federal scrutiny over Boeing's safety practices continues, with renewed calls for accountability following past 737 MAX crashes.