Tim Clark, president of Emirates airline, urges Boeing's new CEO to prioritize employee well-being after a tumultuous year marked by a seven-week strike and production setbacks. Clark stresses the importance of treating workers fairly and sharing profits to rebuild trust and avoid future labor disputes.
Tim Clark , the president of Emirates airline, delivered a blunt message to Boeing 's new CEO , Kelly Ortberg: treat your workers better. In an interview with Business Insider, Clark stated, 'You look after the people, they look after you. I think they've been offsided by the previous management for too long.
'Have you got yourself into a mess like this because you prided yourself on treating them badly and not giving them a deal when you were making fat profits and taking bonuses at board level? Really? That's not the way to run a business. You need to get people with you.' Clark further emphasized, 'So if you look after the guys and share the loot, you probably won't have such a forceful union.'Last year, a seven-week strike exacerbated Boeing's troubles, highlighting the strained relationship between the company and its workers. Tensions escalated to the point where the acting labor secretary intervened in Seattle to help broker negotiations. Ultimately, union members approved the company's fourth offer, which included a substantial 38% pay increase over four years and a $12,000 ratification bonus. This agreement, while a step towards reconciliation, reflects the deep-seated issues that plagued Boeing's workforce.Clark, whose airline is one of Boeing's largest customers, expressed confidence in the aerospace giant's ability to recover. He stated, 'The hiatus, for me, is likely to last until the end of this decade. Produce good quality, safe aircraft, and the profits will come,' he explained. 'If you prioritize one before the other, in an incorrect manner as happened over the last 10 years, then you will reap the whirlwind.' He urged Boeing to focus on its core mission: producing high-quality, safe aircraft, rather than succumbing to short-term pressures. 'Don't worry about what City analysts or the Wall Street analysts are telling you what you can and can't do. Just get on with the job, produce very good airplanes. I promise you, we'll buy them in large numbers — we as an industry.'Clark concluded, 'We need Boeing — we need them to get back to the type of company that produced the excellent aircraft they always used to do.' Boeing's stock performance in 2024 reflects the company's struggles, with a 31% decline making it the worst performer among the 30 stocks in the Dow Jones Industrial Average. The company has yet to publicly respond to Business Insider's request for comment.
Boeing Emirates Tim Clark CEO Workers Strike Labor Relations Aerospace Industry Production Issues
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