Aviation Week's Check 6 Podcast
Boeing Strike Goes From Bad To Worse
Oct 3, 2024
In this engaging discussion, Michael Bruno, Chief Business Editor at Aviation Week, Jens Flotow, global commercial aviation editor, and Scott Mikus from Melios Research dive deep into the tumultuous Boeing strike. They explore the striking workers' impact on suppliers and production, revealing emerging financial crises. The conversation highlights the pressing need for effective negotiations to stabilize operations, while unpacking the broader implications for the aviation supply chain and investor sentiment in this challenging economic climate.
24:22
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The ongoing Boeing machinists' strike severely impacts suppliers' financial stability and exacerbates existing production delays in the aviation supply chain.
- Airlines and lessors express concern over disrupted delivery timelines due to Boeing's unclear production guidance amid the lingering strike situation.
Deep dives
Impact of Boeing Strike on Suppliers
The ongoing strike involving Boeing machinists poses significant challenges for the company's suppliers, particularly in the large commercial aircraft sector. Suppliers were already experiencing delays and struggling to meet Boeing's production demands due to previous crises, and the strike exacerbates these issues. Boeing's management has indicated that they may halt purchase orders and ask suppliers to hold their inventory, leading to increased uncertainty about future production needs. This situation is creating a precarious environment for suppliers, raising concerns about their financial stability and the long-term impact on the aviation supply chain.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
