BOEING presented IAM union with 'best and final' contract offer that includes higher wages, ratification bonus, reinstated AMPP bonus and better retirement plan; all other terms remain the same, contingent on ratification by September 28.
BOEING forecasts (as part of CMO announced earlier this year) demand in Southeast Asia for 4,720 aircraft (920 widebodies) over next 20 years to satisfy 7.2% annual traffic growth; fleet is expected to triple to 4,960 jets by 2043.
INCORA, TX has multi-year contract to provide suite of supply chain solutions, including JIT product delivery, to AVIC Group and Xi’an Aircraft Industrial Corporation (XAIC) for COMAC C919 platform, expanding its presence in Asia Pacific.