Current:Home > MarketsA Boeing strike is looking more likely. The union president expects workers to reject contract offer -Keystone Capital Education
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-17 10:49:18
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! (2)
Related
- Stamford Road collision sends motorcyclist flying; driver arrested
- Video shows Texas Girl Scout troop being robbed while selling cookies at Walmart
- ‘Little dark secret': DEA agent on trial accused of taking $250K in bribes from Mafia
- Kim Jong Un apparently liked Vladimir Putin's Russian-made limousine so much that Putin gave him one
- $73.5M beach replenishment project starts in January at Jersey Shore
- The Coast Guard takes the lead on spill in western Alaska that is larger than first thought
- Ford recalls over 150,000 Expedition, Transit, Lincoln Navigator vehicles: What to know
- Can Jennifer Lopez's 'This Is Me... Now' say anything new?
- Could your smelly farts help science?
- Georgia lawmakers weigh a 3-year pause on expansion permits for planned Okefenokee mine
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Bears QB Justin Fields explains why he unfollowed team on Instagram
- Insulin prices were capped for millions. But many still struggle to afford to life-saving medication
- Wyze camera breach allowed customers to look at other people's camera feeds: What to know
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Toronto Maple Leafs' Auston Matthews becomes fastest US-born player to 50 goals
- Boeing's head of 737 Max program loses job after midair blowout
- Motocross Star Jayden “Jayo” Archer Dead at 27
Recommendation
Small twin
HIV/AIDS activist Hydeia Broadbent, known for her inspirational talks as a young child, dies at 39
Kodai Senga injury: New York Mets ace shut down with shoulder problem
The Excerpt: Crime stats show improvement. Why do so many believe it's never been worse?
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
James Biden, Joe Biden's brother, tells lawmakers the president had no involvement in family's business dealings
In 'To Kill a Tiger,' a father stands by his assaulted daughter. Oscar, stand by them.
'Final Fantasy 7 Rebirth' review: Savor the story, skim the open world