Boeing CEO warns of strike's effect on U.S. aerospace industry

10/7/2008 | Seattle Times, The

Boeing Co. CEO James McNerney on Monday said striking machinists were hurting both the company and the aerospace industry as a whole, risking the sort of long-term decline suffered by U.S. automakers. With more and more competitors lining up to produce jets the size of a 737, McNerney said Boeing's dominance is far from assured. "If our collective Boeing team -- with both nonunion and union-represented employees -- cannot reliably supply our customers, other competitors will do so."

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