Current:Home > InvestA Boeing strike is looking more likely. The union president expects workers to reject contract offer -WealthDrive Solutions
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-23 11:35:32
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! (8461)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Bebe Rexha opens up about suffering PCOS cyst burst: 'The pain was so bad'
- Russian court extends the detention of a Russian-US journalist
- Police say several people have been hurt in a stabbing in the German city of Mannheim
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Judge to consider recalling death sentence of man who killed 12-year-old Polly Klaas
- Dylan Sprouse reflects on filming 'The Duel' in Indianapolis during Indy 500 weekend
- Remains of US missionaries killed by criminal gang members in Haiti returned to family
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Chicago woman gets 30 years for helping mother kill pregnant teen who had child cut from her womb
Ranking
- Travis Hunter, the 2
- This week on Sunday Morning (June 2)
- Sixth Outer Banks house collapse since 2020: Photos capture damage as erosion threatens beachfront property
- NBA’s Mavs and NHL’s Stars chase a Dallas double with their deepest playoff run together
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Executed: Alabama man put to death for murders of elderly couple robbed for $140
- Indiana man pleads guilty to all charges in 2021 murders of elderly couple
- Russian court extends the detention of a Russian-US journalist
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Tesla recalling more than 125,000 vehicles to fix seat belt warning system
Degree attainment rates are increasing for US Latinos but pay disparities remain
Horoscopes Today, May 30, 2024
Military service academies see drop in reported sexual assaults after alarming surge
NCAA baseball tournament bracket, schedule, format on road to College World Series
Kourtney Kardashian Reveals She and Travis Barker Keep Vials of Each Other’s Blood
Bruhat Soma carries a winning streak into the Scripps National Spelling Bee finals