Labor union
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Ratified 2024 contract covering ~33,000 Boeing machinists
Boeing has burned cash every year since 2018. On Wednesday it reported a first-quarter adjusted loss of 20 cents per share — four times smaller than Wall Street's expected 83-cent loss — with $22.22 billion in revenue. CEO Kelly Ortberg told investors the company sees a path to roughly $3 billion in free cash flow for the full year.
Updated May 31
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