Current:Home > FinanceA Boeing strike is looking more likely. The union president expects workers to reject contract offer -Prime Capital Blueprint
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
Rekubit Exchange View
Date:2025-04-07 11:32:12
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! (7)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Authorities expand search area for killer who escaped Pennsylvania prison after latest sighting
- Lab data suggests new COVID booster will protect against worrisome variant
- First lady Jill Biden tests positive for COVID-19, but President Biden’s results negative so far
- Former longtime South Carolina congressman John Spratt dies at 82
- New York police agree to reform protest tactics in settlement over 2020 response
- Lab data suggests new COVID booster will protect against worrisome variant
- Marion Cotillard Is All Of Us Reacting to Those Joe Jonas and Sophie Turner Divorce Rumors
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Steve Harwell, former Smash Mouth frontman, dies at 56, representative says
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- 5 killed, 3 injured in Atlanta crash that shut down I-85
- Mexican pilot dies in plane crash during gender reveal party gone wrong
- 'Holly' review: Stephen King's ace detective takes a star role in freaky thriller
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Wet roads and speed factored into car crashing into Denny’s restaurant, Texas police chief says
- Sen. McConnell’s health episodes show no evidence of stroke or seizure disorder, Capitol doctor says
- TV anchor Ruschell Boone, who spotlighted NYC’s diverse communities, dies of pancreatic cancer at 48
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Conservative book ban push fuels library exodus from national association that stands up for books
Best back-to-school tech: Does your kid need a laptop? Can they use AI?
YSE Beauty by Molly Sims Is Celebrity Skincare That’s Made for You
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
$1,500 reward offered after headless antelope found in Arizona: This is the act of a poacher
A half-century after Gen. Augusto Pinochet’s coup, some in Chile remember the dictatorship fondly
23 people injured after driver crashes car into Denny’s restaurant in Texas