10/23/2024

Boeing Braces for Union Vote on Wage Deal that Could End Costly Strike

The latest offer includes 35 percent wage hike over four years

Boeing factory workers will vote on Wednesday on a new contract proposal that could bring an end to a more than five-week strike, in a crucial moment for the troubled plane-maker as it wrestles with a deepening financial crisis.

Some 30,000 machinists downed tools in Boeing's West Coast factories on Sept. 13, halting production of the best-selling 737 MAX and 767 and 777 wide-body programs.

Since then, Boeing and the leadership of the International Association of Machinists and Aerospace Workers (IAM) union have been locked in often acrimonious negotiations, with both sides accusing the other of torpedoing talks.

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