Current:Home > FinanceA Boeing strike is looking more likely. The union president expects workers to reject contract offer -Elevate Profit Vision
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-27 14:13:52
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! (39)
Related
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- 2024 Republican candidates to meet in California for second debate
- Climate change and the shift to cleaner energy push Southeast Asia to finally start sharing power
- Biden to send disaster assistance to Louisiana, as salt water threatens the state’s drinking water
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Hollywood writers' strike to officially end Wednesday as union leadership OKs deal
- US suspends aid to Gabon after military takeover
- Federal terrorism watchlist is illegal, unfairly targets Muslims, lawsuit says
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Wael Hana, co-defendant in Robert Menendez case, arrested at JFK
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Azerbaijan says 192 of its troops were killed in last week’s offensive in Nagorno-Karabakh
- In 'Cassandro,' a gay lucha finds himself, and international fame
- Jalen Hurts played with flu in Eagles' win, but A.J. Brown's stomachache was due to Takis
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Judge throws out charges against Philadelphia police officer in fatal shooting of Eddie Irizarry
- Man serving sentence for attacking parents fails to return to halfway house and considered escapee
- 'Margarita tester' is now a job description. How one company is trading $4000 for drink reviews
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Travis Kelce Reveals Family's Reaction to Taylor Swift's Ballsy NFL Appearance
IMF says Sri Lanka needs to boost reforms and collect more taxes for its bailout funding package
Nashawn Breedlove, rapper who played Lotto in Eminem's film debut '8 Mile,' dies at 46
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
New Netflix series explores reported UFO 'Encounters'. It couldn't come at a better time.
Germany bans far-right group that tried to indoctrinate children with Nazi ideology
John Legend, 'The Voice' 4-chair 'king,' beats Niall Horan in winning over Mara Justine with duet