Current:Home > MarketsA Boeing strike is looking more likely. The union president expects workers to reject contract offer -VitalEdge Finance Pro
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-17 18:46:25
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! (246)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- The new iPhone 15, Plus, Pro and Pro Max release on Friday. Here's everything to know.
- 'At least I can collect my thoughts': Florida man stranded 12 miles out at sea recounts rescue
- Texas, Oklahoma were to pay a steep price for leaving Big 12 early. That's not how it turned out
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Rupert Murdoch steps down as chairman of Fox and News Corp; son Lachlan takes over
- After overdose death, police find secret door to fentanyl at Niño Divino daycare in Bronx
- Judge to hear arguments for summary judgment in NY AG's $250M lawsuit against Trump
- USA women's basketball live updates at Olympics: Start time vs Nigeria, how to watch
- Book bans continue to rise in US public schools, libraries: 'Attacks on our freedom'
Ranking
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- Dallas mayor switches parties, making the city the nation’s largest with a GOP mayor
- Hurricane forecasters expect tropical cyclone to hit swath of East Coast with wind, rain
- See Sophie Turner Step Out in New York After Filing Joe Jonas Lawsuit
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- A Chinese dissident in transit at a Taiwan airport pleads for help in seeking asylum
- Some providers are dropping gender-affirming care for kids even in cases where it’s legal
- US wage growth is finally outpacing inflation. Many Americans aren't feeling it.
Recommendation
Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
Man charged with murder for killing sister and 6-year-old niece in head-on car crash
Fat Bear Week gets ready to select an Alaska national park's favorite fattest bear
Critics of North Carolina school athletics governing body pass bill ordering more oversight
Man charged with murder in death of beloved Detroit-area neurosurgeon
Labor unions say they will end strike actions at Chevron’s three LNG plants in Australia
College football Week 4: Ranking the seven best matchups for ideal weekend watching
5 ways Deion Sanders' Colorado team can shock Oregon and move to 4-0