Current:Home > MarketsA Boeing strike is looking more likely. The union president expects workers to reject contract offer -ProfitClass
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
Chainkeen Exchange View
Date:2025-04-08 04:58:56
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! (64)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Shootings at Las Vegas-area apartments that left 5 dead stemmed from domestic dispute, police say
- Ex-Uvalde school police chief Pete Arredondo indicted over deadly shooting
- Massive sinkhole swallows Illinois soccer field after mine collapses, official says
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Man charged with threatening to kill presidential candidates found dead as jury was deciding verdict
- Here's why Amazon stock popped on Wednesday
- Missouri governor says new public aid plan in the works for Chiefs, Royals stadiums
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
- Ariana Grande calling Jeffrey Dahmer dream dinner guest slammed by victim's mom
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Video shows giant sinkhole at Illinois soccer field following mine collapse: Watch
- North Carolina legislators leave after successful veto overrides, ballot question for fall
- The Fate of Perfect Match Revealed After Season 2
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Supreme Court allows cities to enforce bans on homeless people sleeping outside
- Family of former Texas US Rep. Eddie Bernice Johnson announces resolution to claims after her death
- West Virginia University Provost Reed becomes its third top administrator to leave
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
As LGBTQ+ Pride’s crescendo approaches, tensions over war in Gaza expose rifts
Even as inflation cools, Americans report sticker shock at grocery store register
Elton John Reveals Why He'll Never Go on Tour Again
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Jury in NFL Sunday Ticket case rules league violated antitrust laws, awards nearly $4.8 billion in damages
Feds investigating violence during pro-Palestinian protest outside Los Angeles synagogue
Arizona wound care company charged for billing older patients about $1 million each in skin graft scheme