“We continue to believe in the secular thesis of the growth story of commercial aerospace and Boeing being, you know, a large participant in that,” Bancroft says.
The “Machinist Union makes great planes, Boeing makes great planes,” and “the airlines in the commercial aerospace industry need these planes," Bancroft lays out. The Boeing workers are represented by the International Association of Machinists union, Districts 751 and W24.
Have you, have you tried though Tony um to sort of, you know, even roughly game out estimate what the financial impact could, could possibly be for, for Boeing and all this, you know, I think it's hard to say Josh, I think, um you know, there, there, there's some expectations that it's, you know, it's about about 100 it's about $100 million a day for Boeing.
Yeah, you know, and then I, you know, this, this uh morning, um, uh the CFO uh uh Brian West talked about the implications of, of, you know, of stabilizing, um sort of production rates and then when we get to that point, uh, you know, looking and seeing what it needs to be an investment grade. Uh I think that will be beneficial to Boeing and the, the best thing they can do right now is, is get the uh production, you know, uh uh production uh in line and, and start that growing again and getting it towards 38.
Uh you know, Boeing itself, the commercial business has almost a half a trillion dollars of, of backlog on its uh you know, on his, on his books and the, the airlines uh in the commercial aerospace industry need these planes Tony.Boeing works to conserve cash as 33,000 factory workers go on strike