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The union of started out seeking pay raises of more than 40% over three years, although "that's probably not where we're going to end up,” IAM District 751 President Jon Holden said last week.
A prolonged strike could significantly impact Boeing's finances, as well as airlines and suppliers reliant on its jets. Analysts estimate a 50-day strike could cost Boeing $3bn to $3.5bn in cash flow.
Eep Bolaño listens as IAM District 751 president Jon Holden announces that the union voted to accept a new contract offer from Boeing, Monday, Nov. 4, 2024, at their union hall in Seattle. (AP ...
WASHINGTON (Reuters) -Boeing said late on Thursday it had filed an unfair labor practice charge with the National Labor Relations Board against the union representing its striking U.S. West Coast ...
Oct. 3—MOSES LAKE — Tuesday marked the 20th day on strike for 33,000 Boeing workers, and there has yet to be an agreement between Boeing and the union, IAM 751, on the employees' contract.
The 2024 Boeing machinists strike was a labor strike by more than 33,000 machinists employed by aerospace giant Boeing from September to November 2024. It was the first strike by the International Association of Machinists and Aerospace Workers (IAM) at Boeing since the 2008 strike .
On September 12, 2024, IAM District 751 voted to strike against Boeing over a proposed contract's pay and benefits with 94.6% of votes in and 96% in favor of a strike. [23] The union leadership had reached a tentative agreement with Boeing prior to the vote and endorsed the contract. [24]
The union, whose members went on strike last Friday, has been pushing for a 40% raise over four years in its first full contract negotiations with Boeing in 16 years, well above the planemaker's ...