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Boeing Workers End Strike; Cash Flow Will Remain Negative Through 2025

Cal Biesecker By
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Boeing Workers End Strike; Cash Flow Will Remain Negative Through 2025
A KC-46 Pegasus from the 97th Air Mobility Wing, assigned to the 56th Air Refueling Squadron, Altus AFB, Okla. refuels an F-16 from the 49th Wing, 54th Fighter Group, Holloman AFB, N.M., on December 7, 2020 (U.S. Air Force Photo)

Boeing’s [BA] machinists' union members on Monday voted to end their 53-day strike that shut down production at the company’s commercial aircraft plants in the Pacific Northwest but the company offered no updates on program impacts. During its third quarter earnings call on Oct. 23, Boeing indicated that depending on when the strike ended, free cash outflow in 2025 could be around $14 billion. In the third quarter, free cash flow was negative $2 billion, which brought the cash outflow…

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