News / Freighter delivery delays, as strike goes on, add to Boeing woes

© Svetlana Iashina

Hopes that Boeing can step up deliveries of cargo aircraft took a hit yesterday when it withdrew its latest offer to some 33,000 striking machinists, extending the shutdown of aircraft production indefinitely.

The labour conflict is taking a heavy toll on Boeing and reducing its credit rating, allegedly causing management to consider a sale of stock and equity to raise money.

After two days of mediated negotiations this week failed, Boeing halted talks with the union and withdrew its recent pay offer ...