Boeing's crippling strike to end as workers green-light deal

Nov 5, 2024  · Boeing Co. workers voted to accept a new labor contract and end a strike that’s crippled jetliner production for 53 days, clearing a major obstacle for the US planemaker to …


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Boeing Workers End 7-week Strike On 38% Pay Rise Deal - BBC

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Nov 5, 2024  · Boeing workers end 7-week strike on 38% pay rise deal. Image source, Getty Images. ... IAM said 59% of striking workers voted in favour of the new deal, which also …

bbc.co.uk

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Boeing Gives Union More Time To Vote On An Offer That's Getting …

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Sep 24, 2024  · Boeing's new “best and final” offer includes pay raises of 30% over four years, up from 25% in a deal that 33,000 members of the International Association of Machinists and …

yahoo.com

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'It's Still In Shambles': Can Boeing Come Back From Crisis?

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4 days ago  · Boeing had to dig deep to come up with a deal that satisfied their demands, which included a 38% pay rise over four years. According to consultants Anderson Economic Group, …

bbc.co.uk

FAQs about Boeing's crippling strike to end as workers green-light deal Coupon?

Why did Boeing workers accept a new labor contract?

(Bloomberg) -- Boeing Co. workers voted to accept a new labor contract and end a strike that’s crippled jetliner production for 53 days, clearing a major obstacle for the US planemaker to restore its operations and finances. ...

Will a multi-week workers strike affect Boeing's production in 2025?

As a multi-week workers strike comes to an end, Boeing will likely struggle into 2025 to maintain production, Morningstar analyst Nicolas Owens predicts. ...

Will Boeing Strike continue if workers reject new contract?

"The union has sent a very clear message to Boeing that it will take significantly more to get a settlement," Harley Shaiken, a professor emeritus at the University of California, Berkeley, who focuses on labor history, told ABC News. MORE: Boeing strike to continue after workers reject new contract ...

Will Boeing machinists strike end a seven-week strike?

Boeing shares are rising Friday morning after it reached a tentative deal with its machinists union on a new contract, potentially ending a crippling seven-week strike. The International Association of Machinists (IAM) is asking its members to approve the sweetened offer from Boeing in a vote on Monday. ...

How much money has Boeing lost from the strike?

Boeing workers have lost hundreds of millions in wages, but Boeing itself has lost more than $6.5 billion from the strike, according to the estimate from Anderson. Boeing 737 Max fuselages sit on railcars in Seattle during an ongoing strike by the company’s factory workers. ...

Why did Boeing reject a contract?

The contract rejections reflected bitterness that built up after union concessions and small pay increases over the past decade. The labor standoff — the first strike by Boeing machinists since an eight-week walkout in 2008 — was the latest setback in a volatile year for the aerospace giant. ...

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