Sept 12 (Reuters) - S&P Global Ratings said on Thursday
if Boeing ( BA ) faces an extended worker strike, it could delay
the planemaker's recovery and hurt its overall rating.
Boeing's ( BA ) U.S. West Coast factory workers started voting on
Thursday on a much-criticized new contract and a possible
strike, piling pressure on the company as it wrestles with
chronic production delays and mounting debt.
A potential strike starting on Friday would be a big early
blow to Boeing's ( BA ) newly appointed CEO Kelly Ortberg, who was
brought on last month to restore faith in the planemaker after a
door panel blew off a near-new 737 MAX jet in mid-air in
January.
"A shorter strike (along the lines of the situation at
Spirit Aero last summer where union leadership accepted the
company's offer and membership rejected it) would probably be
manageable for the company and the rating," said Ben Tsocanos,
aerospace director, S&P Global Ratings.
Tsocanos said the strike could pressure Boeing's ( BA ) ability to
reach its target of increasing MAX jet production to 38 planes a
month by the end of the year.