Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week
The new offer includes higher pay raises, reinstated annual bonuses and an increased ratification bonus, among other changes, Boeing said
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Aerospace and defense industry
Southwest Airlines tells staff ‘difficult decisions’ ahead in push to boost profits
Southwest will provide more detail about its plans to raise profits at an investor day on Sept. 26. Source link
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Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’
More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared
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JetBlue to open airport lounges in New York and Boston in battle for big spenders
JetBlue joins Delta, American and United in opening airport lounges to cater to high-spending travelers. Source link
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Boeing starts furloughing tens of thousands of employees amid machinist strike
CEO Kelly Ortberg said affected employees would take one week of furlough every four weeks for the strike's duration and
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Lunar company Intuitive Machines’ stock jumps nearly 60% after NASA moon satellite contract
NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value
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Alaska-Hawaiian merger clears DOT review, but airlines must preserve miles, routes
The two airlines can begin the process of closing their $1.9 billion merger. Source link
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SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week's United Airlines deal. Source link
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Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
Boeing also said it will pause nonessential staff travel and reduce supplier spending as it deals with a strike by
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