Boeing machinists, represented by the International Association of Machinists and Aerospace Workers (IAM), rejected a new contract offer that included a 35% raise over four years, a $7,000 bonus, and increased 401(k) contributions.
Sixty-four percent of the 33,000 workers across Washington, Oregon, and California voted against the deal, citing insufficient concessions on key demands, such as reinstating a defined pension.
The rejection extends the strike, which has already lasted nearly six weeks, costing Boeing $6.1 billion in the latest quarter. Union leaders and Boeing will return to negotiations as financial losses mount for both sides.
This post was published on 24 October 2024 21:38
An American Airlines Boeing 787-8 registered N806AA arriving from Barcelona suffered a tyre failure after…
Norwegian will launch four European routes in 2027, connecting Oslo and Copenhagen with Seville, Copenhagen…
Qatar Airways plans to launch three weekly flights between Doha and Western Sydney International Airport…
Norwegian will launch several new European routes for summer 2027, including direct flights from Oslo…
The failed drone attack targeting a Ukrainian Antonov cargo aircraft at Leipzig/Halle Airport has taken…
Lufthansa Group launched its first group-level consumer advertising campaign on 21 October, seeking to raise…