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🛩 33,000 Boeing Company machinists are on strike after rejecting a contract proposal, risking heavy consequences for the aerospace sector. Facing challenges from a January 5 Alaska Airlines incident, Boeing could see 737 Max production halt. Analyst Cai von Rumohr suggests the strike may last until mid-November. Safety issues, often due to staff shortages, are highlighted by Cornell's Art Wheaton. RBC Capital Markets analysts urge Boeing to swiftly negotiate to avoid further financial strain.