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Boeing CFO says strike will 'jeopardize' recovery, hit aircraft production

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Brian West said the financial impact of the strike will depend on how long it lasts, but it will affect the company’s production of its best-selling planes.
Boeing CFO Brian West said a labor strike that began Friday will hurt aircraft deliveries and « jeopardize » the company’s recovery, hours after factory workers walked off the job and overwhelmingly rejected a new labor contract.
West said the financial impact of the strike will depend on how long it lasts, but that it will affect the company’s production of its best-selling planes. Speaking at an industry conference on Friday, West declined to say whether the company could meet a rate of producing 38 737 Max planes per month by the end of the year.
Jefferies aerospace analyst Sheila Kahyaoglu had previously estimated that a 30-day strike could be a $1.

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