Pay is likely to be a headwind for Boeing over the next few years as it reintegrates Spirit AeroSystems and labour negotiations push for higher wages, senior analysts from a Bloomberg Intelligence report said. Analysts George Ferguson and Melissa Balzano said that pay could boost between 1.5-2% as a new pay package with the International Association of Machinists (IAM) union could see an increase from $750 million to $1.5bn. “Our calculation is based on 75% of the median pay for a Boeing employee of $119,873, based on the company’s 2024 proxy statement, and gain of almost 20% (which appears very

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