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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.
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.
The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. ... Virginia, is unwilling to bend on the issue. Boeing has said that average annual pay ...
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.
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]
Boeing said Monday it has raised its offer to the International Association of Machinists union to end the strike by 33,000 union members that has now entered its 11th day.
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 .
The strike started soon after a regional branch of the International Association of Machinists and Aerospace Workers reported that in a Thursday vote, 94.6% of participating members rejected a ...