What Boeing’s massive financial crisis means for you ...Middle East

By Chris Isidore, CNN New York (CNN) — Boeing’s finances are a multi-billion-dollar problem for the company, its employees, suppliers and airline customers. The good news is that they probably won’t affect the average American – well, not very much. After 33,000 members of the International Association of Machinists went on strike against the company a month ago, Boeing won’t be able to deliver all of its planes as promised. That will hurt airlines and could have a modest impact on the number of seats available, especially on domestic flights around the United States. Fewer seats could mean airlines will be forced to raise fares. But, currently, fares are falling because there is more

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Last updated : 16 October 2024 clock 01:17 PM

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What Boeing’s massive financial crisis means for you ...Middle East

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