Boeing Stock Dips Amid Renewed Labor Strikes in St. Louis

Boeing (NYSE:BA) shares edged lower in Thursday trading as a labor strike at its St. Louis facility reignited concerns about internal disparities within the aerospace giant. The work stoppage follows last September's walkout and highlights growing tensions between Boeing's Seattle and St. Louis operations.

Union representative Matthew Paronish characterized the St. Louis division as "the stepchild of Boeing," citing inferior benefits including 401(k) plans, vacation time, and slower wage progression compared to Seattle counterparts. "We're always treated as second rate despite doing first-class work," Paronish noted.

Management offered concessions including 40% wage growth over four years and accelerated pay scale progression, but failed to prevent the strike. The disruption comes as Boeing continues navigating post-pandemic recovery efforts and supply chain challenges across its commercial and defense segments.