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☆ What this Boeing strike is really all about
▼ + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.

Persons: —, ”, Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, “, — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States

☆ Boeing’s CEO is going to coast into retirement, having never been held to account for the mess he made
▼ + stars: | 2024-06-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

New York CNN —For all the mistakes and safety problems Boeing has managed under CEO Dave Calhoun’s watch — resulting in a dozen corporate whistleblowers, multiple groundings and a chunk of a plane’s fuselage literally blowing off in midair — virtually no one has held him to account. But when pressed on taking personal responsibility, Calhoun deflected, over and over. “I am proud of every action we have taken,” Calhoun said when pressed by Hawley on how he could possibly be proud of Boeing’s safety culture. “I don’t think the problem’s with the employees, actually, I think the problem’s with you. It’s the C-suite, it’s the management, it’s what you’ve done to this company,” Hawley said.

Persons: CNN Business ’, Dave Calhoun’s, lavishing, Calhoun, Republican Sen, Josh Hawley, Boeing’s machinists, hasn’t, “, ” Calhoun, Hawley, ” Hawley, they’re, Democratic Sen, Richard Blumenthal didn’t, you’ve, ” Blumenthal, “ I’m, ” Richard Aboulafia, Chris Isidore, ” Aboulafia, ” Organizations: CNN Business, New York CNN, Boeing, Airbus, Republican, Democratic, ”, Federal Aviation Administration, Department, Consultancy Locations: New York

☆ A Timeline of Dave Calhoun’s Rocky Tenure at Boeing
▼ + stars: | 2024-03-25 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

When Boeing named Dave Calhoun its chief executive in 2019, his mandate was clear: to navigate the company out of a reputational crisis after a pair of deadly crashes on its planes. But on Monday, Boeing announced that Mr. Calhoun would depart at the end of 2024 as the company tries to manage another safety crisis. Max planes were grounded after those crashes. A week before the company announces Mr. Calhoun’s new role, Boeing says that it is suspending global production of the Max. It had already cut production to 42 planes per month from 52.

Persons: Dave Calhoun, Calhoun, Calhoun’s, Dennis A, Max Organizations: Boeing, Boeing Max

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