Current:Home > InvestA Boeing strike is looking more likely. The union president expects workers to reject contract offer -Triumph Financial Guides
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-22 02:43:06
The risk of a strike at Boeing appears to be growing, as factory workers complain about a contract offer that their union negotiated with the giant aircraft manufacturer.
The president of the union local that represents 33,000 Boeing workers predicted that they will vote against a deal that includes 25% raises over four years and a promise that the company’s next new airplane will be built by union members in Washington state.
“The response from people is, it’s not good enough,” Jon Holden, the president of the union local, told The Seattle Times newspaper.
Members of the International Association of Machinists and Aerospace Workers in the Seattle area and machinists at other locations in Washington and California are scheduled to vote Thursday on the Boeing offer and, if they reject it, whether to go on strike beginning Friday.
Union members have gone on social media to complain about the deal. Hundreds protested during a lunch break at their plant in Everett, Washington, chanting, “Strike! Strike! Strike!” according to the Seattle Times.
Holden, who joined the union bargaining committee in unanimously endorsing the contract, told the newspaper he doesn’t believe he can secure the votes to ratify the proposed contract.
Boeing did not immediately respond when asked for comment.
Unlike strikes at airlines, which are very rare, a walkout at Boeing would not have an immediate effect on consumers. It would not result in any canceled flights. It would, however, shut down production and leave Boeing with no jets to deliver to the airlines that ordered them.
On Sunday, the company and the union local, IAM District 751, announced they had reached a tentative agreement that featured the 25% wage hike and would avoid a suspension of work on building planes, including the 737 Max and the larger 777 widebody jet.
The deal fell short of the union’s initial demand for pay raises of 40% over three years and restoration of traditional pensions that were eliminated in union concessions a decade ago. Workers would get $3,000 lump-sum payments, increased contributions to retirement accounts and the commitment about working on the next Boeing airplane.
Holden said in a message to members Monday, “We have achieved everything we could in bargaining, short of a strike. We recommended acceptance because we can’t guarantee we can achieve more in a strike.”
A strike would add to setbacks at Boeing. The company, headquartered in Arlington, Virginia, has lost $27 billion since the start of 2019 and is trying to fix huge problems in both aircraft manufacturing and its defense and space business. A new CEO has been on the job a little over a month.
Boeing shares were down 3% in afternoon trading.
veryGood! (64628)
Related
- Stamford Road collision sends motorcyclist flying; driver arrested
- Hot days and methamphetamine are now a deadlier mix
- AI Ω: Driving Innovation and Redefining Our Way of Life
- Over 200 price gouging complaints as Florida residents evacuate ahead of Hurricane Milton
- The White House is cracking down on overdraft fees
- Tropicana implosion in Las Vegas: After 67 years, Rat Pack-era Strip resort falls
- These Internet-Famous October Prime Day 2024 Deals Are Totally Worth the Hype & Start at $3
- Ed Wheeler, Law & Order Actor, Dead at 88
- New data highlights 'achievement gap' for students in the US
- In remote mountain communities cut off by Helene, communities look to the skies for aid
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- State police recruit’s death in Massachusetts overshadows graduation ceremony
- Jennifer Lopez Breaks Silence on Ben Affleck Divorce
- Judge tosses a New York law that moved many local elections to even-numbered years
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Lizzo Shares Insight Into Months-Long Progress Amid Weight Loss Journey
- Ethel Kennedy, widow of Robert F. Kennedy, suffers stroke
- Everything you need to know about charging your EV on the road
Recommendation
Meta releases AI model to enhance Metaverse experience
Ethel Kennedy, widow of Robert F. Kennedy, in hospital after suffering from stroke
Are Taylor Swift and Travis Kelce Engaged? Here's the Truth
Paige DeSorbo Swears By These 29 Beauty Products: Last Chance to Shop These Prime Day 2024 Discounts
Questlove charts 50 years of SNL musical hits (and misses)
John Amos' cause of death revealed: 'Roots' actor died of heart failure
What presidential campaign? The Electoral College puts most American voters on the sidelines
Jana Kramer says she removed video of daughter because of online 'sickos'