Analyst believes Boeing strike could be short, allowing new CEO to claim small victory [Video]

SEATTLE — Veteran aviation analyst and journalist Scott Hamilton thinks the Boeing machinists union strike could be resolved within a matter of weeks, potentially allowing the company’s new CEO to claim a small victory during a tumultuous time.

Kelly Ortberg took the reins of Boeing in early August, amid a terrible financial and public relations period for the plane maker. 

According to quarterly earnings filings, Boeing has burned more than $8 billion through the first two quarters of 2024. The company has lost more than $25 billion over the last six years. 

“[Ortberg] came in at an almost impossible time, but if this strike is resolved quickly, that goes to his credit,” said Hamilton. “Boeing actually could come out with a reset with labor relations and come out in positive way, again provided it’s resolved quickly.”

Hamilton believes that’s more likely than not.

“This is …