Boeing's 737-10 Certification Process Threatened by Engineer Strike
Boeing's certification process for its new 737-10 aircraft is facing uncertainty after a bargaining group representing over 17,000 engineers and technical staff authorized a strike. The group turned down Boeing's proposed four-year contracts, which included a 28.5% increase in total wage funds and inflation protections.
The current contract expires on October 6, and if the strike goes ahead, it could disrupt certification paperwork, customer support, or efforts to accelerate production. Boeing has already completed its scheduled certification flights for the 737-10, but engineering close-out work is still pending.
The company's shares fell 7.5% over the past week, although they are still trading under the average analyst price target of $274.85. The financial stakes are significant, with the MAX family securing over 7,200 orders and an estimated 4,840 aircraft on the backlog.