New York, Feb 1, 2026, 17:03 EST — The market has closed.
Key points:
- On Friday, Boeing shares ended marginally lower, slipping 0.1% to close at $233.72.
- A fresh contract now covers roughly 1,600 former Spirit AeroSystems white-collar employees and extends through late 2030.
- The FAA will issue a new airworthiness directive for 787s on Feb. 2, with enforcement starting March 9.
Boeing announced that a group of former Spirit AeroSystems white-collar employees have ratified a new labor contract. Investors entering Monday’s U.S. session will be watching closely for clearer indications on costs and execution. Boeing shares closed Friday just off, down 0.1% at $233.72.
Boeing’s deal comes as it moves to reintegrate Spirit into its supply chain, undoing years of outsourcing and taking on more labor risks by bringing work in-house. The company finalized its purchase of Spirit AeroSystems in December, dubbing the move a major supply-chain realignment. (Reuters)
The deal affects around 1,600 workers at Spirit’s Wichita facility, all represented by the Society of Professional Engineering Employees in Aerospace, and passed with 85% approval, Reuters reported Saturday. It offers a $6,000 ratification bonus, yearly wage hikes, better benefits, and six extra paid days off annually, running through late 2030. Boeing is set to start talks later this year with SPEEA units representing about 16,000 engineers and technical staff. (Reuters)
The FAA is set to issue a final airworthiness directive targeting Boeing 787-8, 787-9, and 787-10 jets over potential undetected water leaks from lavatory faucet control modules. The directive will be published on Feb. 2 and takes effect March 9, per the Federal Register. (Federal Register)
An airworthiness directive is a legally binding safety mandate that airlines and maintenance facilities must comply with, typically involving inspections, part replacements, or revised maintenance procedures. Sometimes it’s routine. Other times, it throws a wrench into delivery timelines, especially when the industry is already stretched thin.
Boeing’s outlook remains a mixed bag of recovery and challenges. The planemaker posted a fourth-quarter profit thanks to an asset sale, but its two largest divisions posted bigger losses than anticipated. Third Bridge analyst Peter McNally called the results “a reminder of the complications of managing this business.” On the same earnings call, Chief Financial Officer Jay Malave told analysts he expects $1 billion to $3 billion in positive free cash flow this year — that’s cash from operations minus capital spending — with delays in key certification and development programs acting as a major variable, Reuters reported. (Reuters)
The risk is clear-cut: rising labor costs, screw-ups integrating Spirit, or tougher regulations could chip away at margins and cash flow just as investors zero in on delivery pace. Boeing’s shares have been behaving more like a test of execution than a reaction to headline order numbers.
Monday’s action hinges on how traders interpret the Spirit labor deal—will it signal risk reduction or simply set a cost baseline? Meanwhile, the FAA’s 787 directive could spotlight Boeing’s progress on widebody repairs. Mark March 9: that’s when the 787 directive officially kicks in.
