Boeing's third-quarter net income plunged 38% to $695 million from $1.11 billion last year, and Chairman, President and CEO Jim McNerney conceded that the machinists' strike "had a major impact" on earnings. He called the fact that all aircraft manufacturing lines have been suspended "disappointing and frustrating," adding, "A number of issues [between management and IAM] remain unresolved, the linchpin being management rights," stressing, "We will not sacrifice our ability to compete for a ...

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