Boeing rises after union approves contract, averting strike risk

Boeing

01/10/2026 20:48

** Shares of Boeing BA.N  up about 4% at $193
** Boeing's largest white-collar union approves a revised contract offer, removing the immediate threat of a strike that could disrupt aircraft programs and deliveries
** The Society of Professional Engineering Employees in Aerospace (SPEEA), representing about 17,000 Boeing workers, says both of its bargaining units vote to approve the new four-year deal
     ** The new deal includes a guaranteed 10% wage increase upon ratification, annual raises of 4%, and potential additional increases of up to 2% based on performance
** Ratification helps Boeing avoid potential disruptions to certification work on the 737 MAX 10 and 777X, as well as its planned production and delivery ramp-up
** Including session's moves, shares down 10.7% YTD

 (Reporting by Apratim Sarkar in Bengaluru)
 ((Apratim.Sarkar@thomsonreuters.com))