Labor AgreementsBoeing presented a new contract offer to its IAM 751 labor union which increases wages by 30%, reinstates workers annual bonus worth ~4% each year, doubles the signing bonus upon ratification for workers, and adds additional retirement benefits.
Market PositionBoeing continues to enjoy a duopoly position in the commercial market where backlog stretches out well into the 2030s.
Production And DeliveriesIn August, BA delivered 40 aircraft, up from 35 a year ago.