Current:Home > MarketsA Boeing strike is looking more likely. The union president expects workers to reject contract offer -WealthSphere Pro
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-16 17:55:00
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! (422)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Olivia Wilde's Revenge Dress Steals the Show at 2023 Met Gala
- Get 2 MAC Cosmetics Prep + Prime Fix Setting Sprays for the Price of 1
- Blake Lively Reveals She's Skipping the Met Gala 2023 for This Relatable Activity
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- I Tried This $15 Crystal Hair Remover From Amazon—Here's What Happened
- We're Unconditionally and Irrevocably in Love With Kristen Stewart's Met Gala 2023 Look
- Kim Kardashian's Met Gala 2023 Look Might Be Her Most Iconic Ever
- Louvre will undergo expansion and restoration project, Macron says
- Post Malone Slams Drug Use Rumors Amid Weight Loss Journey
Ranking
- Federal hiring is about to get the Trump treatment
- Climate change is our reality — so why wouldn't it appear on reality TV?
- Get These $118 Lululemon Flared Pants for $58, a $54 Tank Top for $29, $68 Shorts for $39, and More Deals
- Rain may soon help put out flames in Canada's worst recorded wildfire season
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Gigi Hadid Shares Glimpse Into Her Magical Birthday Celebration at Disney World
- Greenland's melting ice could be changing our oceans. Just ask the whales
- Ant Anstead Shares New Photos With Renée Zellweger as They Celebrate Two Years of Magic
Recommendation
Nevada attorney general revives 2020 fake electors case
Vietnam's human rights record is being scrutinized ahead of $15 billion climate deal
Olivia Wilde Has Unexpected Twinning Moment With Margaret Zhang at the Met Gala 2023
Jerry Springer Laid to Rest Near Chicago 3 Days After His Death
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
How Katy Perry Honored Crown Jewel Daughter Daisy Dove During Glam Night Out in NYC
Melting glaciers threaten millions of people. Can science help protect them?
Stanley Tucci Shares How Wife Felicity Blunt Supported Him Through “Brutal” Cancer Battle