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Boeing workers reject latest contract offer, six- week strike continues

Boeing workers reject latest contract offer, six- week strike continues
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By The Associated Press
2 hours ago | SEATTLE
By The Associated Press Oct. 24, 2024 | 07:38 AM | SEATTLE
Boeing factory workers voted against the company’s latest contract offer and remain on the picket lines six weeks into a strike that has stopped production of the aerospace giant’s bestselling jetliners.

Local union leaders in Seattle said 64% of members of the International Association of Machinists and Aerospace Workers who cast ballots Wednesday voted against accepting the contract offer.

The latest rejected offer included pay raises of 35% over four years. The version that union members rejected when they voted to strike last month featured a 25% increase over four years.

The union, which initially demanded 40% pay boosts over three years, said the annual raises in the revised offer would total 39.8%, when compounded.

Boeing has said that average annual pay for machinists is currently $75,608.

Boeing workers told Associated Press reporters that a sticking point was the company’s refusal to restore a traditional pension plan that was frozen a decade ago.

The labor standoff comes during an already challenging year for Boeing, which became the focus of multiple federal investigations after a door panel blew off a 737 Max plane during an Alaska Airlines flight in January.

In recent weeks, Boeing announced large-scale layoffs — about 17,000 people — and a plan to raise enough cash to avoid a bankruptcy filing.

Boeing hasn’t had a profitable year since 2018, and Wednesday’s numbers represented the second-worst quarter in the manufacturer’s history. Boeing lost $6.17 billion in the period ended Sept. 30.



(AP Photo Linda Wasson)
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