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Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.
Boeing’s machinists strike is over but the troubled aerospace giant still faces many challenges
The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. Boeing refused to meet a demand to restore a company pension plan.
Boeing was losing $50 million per day. Then the air machinists ended their strike.
After weeks of strikes and three rejected deals, Boeing’s air machinist union voted to accept a new agreement. The machinists are set to resume working on Nov. 6. Union President Jon Holden told members,
Boeing Union Approves New Contract, Ending Costly Strike
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier contract offers.
Boeing, union reach tentative labor deal, workers to vote Monday
Aircraft manufacturer Boeing (BA) has reached a tentative labor deal with striking factory workers. The International Association of Machinists and Aerospace Workers (IAM) union will vote on the latest contract this Monday,
Boeing strike ends after workers vote to accept “life-changing” wage increase
More than 33,000 Boeing workers reached a tentative agreement Monday night to end a weeks-long strike that quickly became one of the costliest strikes in recent history—estimated to have cost the US economy more than $9.6 billion.
Boeing Stock Edges Lower After Union Vote to End Strike
Boeing shares crept lower Tuesday morning after machinists ratified a new labor deal, ending a weeks-long strike and clearing the way for factories to restart. Find out more:
Boeing union members react to end of strike vote
Boeing union members in Seattle on Nov. 4 shared mixed feelings after a majority voted in favor of a deal, ending a two-month strike.
Boeing Strikers Vote On Contract That Could End Strike
The union supports a pay and retirement proposal that could put factory workers back to work after seven weeks off the job.
Boeing machinist union votes to accept contract, end strike
Boeing’s (BA) machinist union said in a statement: “33,000 frontline workers at Boeing, members of International Association of
Boeing Stock Is Falling. Don’t Blame the Union, Workers Voted to End the Strike.
The accepted labor agreement will raise average machinist wages to $119,000 a year from roughly $76,000, according to the company.
7d
Boeing Reaches Tentative Deal With Machinists Union To End Strike
Boeing
shares are rising Friday morning after it reached a tentative
deal
with its machinists
union
on a new contract, ...
TipRanks on MSN
7d
Boeing reaches new deal with union, hopes to end strike, NY Times says
Boeing (BA) held a vote on a new contract offer after workers rejected two earlier proposals, Niraj Chokshi of The New York ...
The Business Journals
21d
Boeing reaches tentative deal with union
The tentative new
deal
does not bring back the defined benefit pension plan as the
union
had sought, but increases
Boeing
's 401(k) match to 100% of the first 8% of employee contributions in ...
Aviation Week
7d
Boeing, Machinists Reach New Tentative Deal
Boeing and the International Association of Machinists (IAM) have reached a new tentative agreement that will be presented ...
20d
on MSN
Boeing reaches deal with labor union to end machinists strike
Boeing
and the labor
union
representing nearly 33,000 striking members have reached a tentative
deal
, potentially ...
omanobserver
7d
Boeing reaches new deal with union
Boeing’s largest union said Thursday that it would hold a vote on a new contract offer after workers rejected two earlier ...
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