The first strike at a Boeing plant in 16 years began on Friday. This could worsen a global shortage of aircraft, lead to further increases in airfares and force airlines to operate older planes.
The first strike in 16 years at a Boeing factory could raise questions about a worsening global shortage of aircraft and higher airfares. This is reported by Reuters.
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The American Boeing aircraft factory on the West Coast announced a strike that began at midnight on Friday. It is the company's first strike since 2008, when the vast majority of workers rejected a new contract, halting production of Boeing's popular 737 MAX model.
Industry executives and analysts have warned that the strike could further exacerbate an already tight global aircraft shortage. affects air ticket prices and forces airlines to continue operating older aircraft. The lack of new planes can worsen the situation on the market and push the cost of air travel even higher.