Part 7/9:
Boeing's turmoil has not been confined to safety failures alone; the company has recently faced lengthy strikes that have compounded its operational issues. With over 33,000 workers participating in a strike, the resulting delays in aircraft production showcased the significant discontent among employees regarding their pay and working conditions. The strikes have resulted in significant financial burdens on Boeing, amassing estimated losses of $50 million a day.
CEO Calhoun has recognized the immense pressure on Boeing to regain its footing within the aerospace industry. The company is facing an uphill battle, but with the aviation market rebounding post-pandemic, there remains optimism that Boeing can reclaim its status as an industry leader.