01:07:51 EST Sun 22 Dec 2024
Enter Symbol
or Name
USA
CA



Boeing CDR (CAD Hedged)
Symbol BA
Shares Issued 550,000
Close 2024-07-04 C$ 31.79
Market Cap C$ 17,484,500
Recent Sedar Documents

Globe/wire say Boeing told Safran workers OK deal

2024-07-05 08:41 ET - In the News

The Globe and Mail reports in its Friday edition that Safran workers in the Montreal area have reached an agreement in principle with the French jet engine maker after being on strike over pay since May 28, union representative Michael Durand said Thursday. A Reuters dispatch to The Globe says that workers will vote today at a special assembly over whether to accept the agreement. The workers, who make components for landing gear used in Airbus and Boeing jets, began an unlimited general strike about a month ago. More than 100 Safran workers who produce parts used in aircraft such as Airbus's A320 family and A350 jets, along with Boeing's 787, walked off the job on May 28, initially for one week in an effort to "catch up" on pay. The aerospace industry has been beset with supply issues for months. European aerospace giant Airbus in June lowered its forecast for deliveries this year to around 770 jets from 800 and delayed a multiyear increase in narrow-body production amid a shortage of parts.

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