Aerospace Industries Association (AIA) President and CEO Eric Fanning has expressed satisfaction over the resolution of the labor dispute between The Boeing Company and the International Association of Machinists and Aerospace Workers.
In a statement, Fanning remarked, "The Aerospace Industries Association is pleased The Boeing Company and the International Association of Machinists and Aerospace Workers have reached a mutually beneficial agreement that ensures the continuation of high-quality production and innovation within the aerospace sector, reinforces the strength and resilience of our industry, and supports the thousands of small, medium, and large businesses in Boeing’s supply chain."
This development marks an end to ongoing tensions between Boeing and its workers, with implications for numerous businesses involved in Boeing's extensive supply network.