fbpx

YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

World’s Largest Aerospace Co. Boeing Requiring U.S. Employees To Be Vaccinated By Dec. 8 Following Executive Order Issued By The White House

By John F. Heerdink, Jr.

Reportedly, Boeing Co. (BA) announced that it will require its 125,000 U.S. employees to be vaccinated by Dec. 8 under an executive order issued by President Joe Biden for federal contractors.

“Boeing is requiring its U.S.-based employees to either show proof of vaccination or have an approved reasonable accommodation (based on a disability or sincerely held religious belief) by Dec. 8,” stated Boeing.

Over 5,000 Boeing employees are in Texas, where Republican Governor Greg Abbott issued an executive order barring any COVID-19 vaccine mandates by any entity or private employers.

“Due to the Texas EO, the Boeing vaccination requirement announced today does not apply to local sites immediately. However, once these sites become covered under the Biden EO, we expect that they will subject to the vaccination requirement,” a Boeing spokeswoman stated.

Last month, the White House announced Dec. 8 as the deadline for employees of federal contractors last month and the requirements are expected to cover millions of employees. Major U.S. airlines have also agreed to meet the deadline imposed on federal contractors, including JetBlue Airways Corp, American Airlines, Southwest Airlines Co, and Alaska Airlines, as has aircraft parts manufacturer Spirit AeroSystems.

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners, receive our FREE email updates throughout the week, and view our exclusive content and research.

(Read Original Story: Boeing will require its 125,000 U.S. employees to be vaccinated against COVID-19 in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us