A mural of a Boeing 737 Max aircraft at the company's factory in Renton, Wash. Machinists at the factory are returning to work after a bruising strike that lasted more than seven weeks.Boeing machinists approve contract, bringing an end to a bruising seven-week strike
“If you look out five, seven years from now, the company will be more focused on their core business, which is making things that fly,” said Ron Epstein, a financial analyst at Bank of America. A Boeing 777X airliner lands at Boeing Field, with Mount Rainier in the background, during a test flight in 2020.
“That magnet of talent, of doing great things, used to be one of Boeing's greatest assets. And now it just doesn't exist,” Mukunda said.“Boeing's an airplane company. And at the right time. In the future, we need to develop a new airplane,” Ortberg said during last month’s call with analysts. “But we have a lot of work to do before then.”
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Source: CNBC - 🏆 12. / 72 Read more »