Boeing workers agree to new contract offer, concluding strike

Nov 4, 2024 · Boeing workers agree to new contract offer, concluding strike. Boeing machinists voted by 59% to accept the contract and end the strike. By Max Zahn. November 5, 2024, 12:28 AM. 1:01.

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Boeing Workers Agree To New Contract Offer, Concluding Strike

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Nov 4, 2024 · Boeing workers agree to new contract offer, concluding strike. Boeing machinists voted by 59% to accept the contract and end the strike. By Max Zahn. November 5, 2024, 12:28 AM. 1:01.

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Boeing Machinists End Strike And Approve New Contract : NPR

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Nov 5, 2024 · Boeing's offer on wages improved from 25% in its initial offer to 38% in the final …

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Striking Boeing Workers To Vote On 38% Pay Rise Deal On Monday

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Oct 31, 2024 · Striking Boeing workers on the US West Coast will vote on an improved …

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Striking Boeing Union Endorses 38% Wage Hike Offer, Vote Set For …

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Oct 31, 2024 · Boeing's latest offer includes a $12,000 ratification bonus, the IAM said in a …

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Oct 23, 2024 · Voting on the contract was scheduled to begin today at 8 a.m. and go until 5 …

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FAQs about Boeing workers agree to new contract offer, concluding strike Coupon?

Did union machinists accept Boeing's new contract offer?

Union machinists voted on Monday to accept the company’s latest contract offer, which includes a 38% pay raise over four years. Eep Bolaño listens as IAM District 751 president Jon Holden announces that the union voted to accept a new contract offer from Boeing, Monday, Nov. 4, 2024, at their union hall in Seattle. (AP Photo/Lindsey Wasson) ...

Did Boeing machinists accept the contract and end the strike?

Boeing machinists voted by 59% to accept the contract and end the strike. Boeing workers from the International Association of Machinists and Aerospace Workers District 751 hold a march after a rally at their union hall during an ongoing strike in Seattle, Oct. 15, 2024. ...

Why did Boeing's West Coast workers accept a new contract offer?

SEATTLE, Nov 5 (Reuters) - Boeing's (BA.N) U.S. West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker. ...

How much cash does Boeing have in 2024?

During the first half of the year, Boeing’s operating cash outflow was $7.2 billion, compared to the positive inflow of cash of $2.5 billion during the same period in 2023. Furthermore, while the company began the year with $12.7 billion in cash and cash equivalents, it ended H1 2024 with cash reserves of $10.8 billion. ...

What does Boeing's new ratification bonus mean for workers?

The new offer delivers higher pay increases and a bolstered ratification bonus that would deliver each worker $12,000 if the union approves the deal, according to the International Association of Machinists and Aerospace Workers, the union representing 33,000 Boeing workers in Washington, Oregon and California. ...

Why did Boeing raise $24.3 billion?

The latest offer, presented on Thursday, comes at a critical moment for Boeing, which this week announced it would raise up to $24.3 billion to shore up its battered finances as a seven-week strike by more than 33,000 U.S. West Coast factory workers worsens its cash burn. ...