American business executive, former CEO of Rockwell Collins; current leadership at Boeing
Union members have rejected a tentative deal, prompting renewed negotiations as labor tensions intensify across the tech sector and manufacturing. Reports indicate the rejection will delay agreement, heightening pressure on employers to offer better terms.
The FAA has certified the Boeing 737 Max 10 for passenger service, marking a milestone in Boeing’s recovery from past safety, quality and production challenges. Deliveries are expected to begin in 2027 as airlines gauge how the larger single-aisle jet will affect capacity and fares.
Boeing has posted a quarterly loss in the biggest division but is pursuing faster production of the 737 Max as it navigates earlier safety and manufacturing challenges. Deliveries to airlines are increasing and FAA certifications for the Max family are progressing.
Boeing Commercial Airplanes will lay off about 5% of its workforce, roughly 2,500 roles, as it resets production pace after slower ramp-ups. The moves come as Boeing reports continued production challenges for the 737 Max amid a broader recovery from a safety crisis. Notifications begin in December, with support programs in place for impacted staff.