The terms of this deal are very generous to the union. I don't think it has any impact on the turnaround at Boeing, which is driven by productivity improvement, getting more planes out the door with less cost. It's independent of wage assets.
More Quotes from Christopher Mecray:
From a strategic standpoint it makes sense to do that in some fashion because it's such a big contract. It puts the loser at a big risk.Christopher Mecray
It's definitely a surprise. She's only been there a year, and she has been a major agent of change for the company. Her loss is very real because the lack of her leadership within the financial organization could be a real problem. Boeing is going to have to find someone of equal pro-activity in that area in order to keep up Wall Street's confidence.
Christopher Mecray
It would presumably only impact a small number of people. Everyone in the union is outside of this issue because they're covered in contract language.
Christopher Mecray
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