Boeing Expected To Report Big Q3 Loss

October 23, 2024 4:56 am

EVERETT, Wash. (AP) — It’s a big day for Boeing. The big aircraft manufacturer will report third-quarter financial results Wednesday. Then company officials will wait to learn whether striking workers are going back to their jobs. Boeing has already signaled that it will post a big loss for the third quarter. It’s less clear whether members of the International Association of Machinists and Aerospace Workers will approve a new contract offer from the company. Or if they’ll reject the offer of 35% pay increases over four years and remain on strike. Results of the vote are expected Wednesday night.