Boeing, largest union reach deal to avoid production strike

Boeing reaches tentative deal with union to avoid production strike

Boeing and its largest union said Sunday they reached a tentative agreement on a new contract; if ratified, it will avoid a strike scheduled for Friday among production workers which threatened to shut down the aerospace company. The International Association of Machinists and Aerospace Workers represents 33,000 workers, who build the commercial jets. Jon Holden, president of IAM District 751, the machinists’ union outpost at Boeing, shared in a…

Boeing Shares Rise Nearly 3% In Pre-Market After Tentative Deal With Workers' Union To Avert September 13 Strike - Boeing (NYSE:BA)

This agreement comes at a crucial time for Boeing as it aims to recover from the financial and reputational damage caused by the grounding of its 737 MAX jets.

Boeing strikes tentative labor deal with union representing over 32K workers

Boeing announced Sunday it reached a tentative agreement with the union representing about 33,000 workers in the Pacific Northwest, just days ahead of a possible strike scheduled later this week.If the deal is approved, the proposed four-year contract would provide employees with a general wage increase of 25%, along with a commitment to build the next commercial airplane in the Seattle region.The agreement is the first full labor deal reached b…

Boeing reaches tentative deal with workers to avert strike

Members of the unions will vote on the deal on Sept 12. Read more at straitstimes.com.

Boeing and union reach tentative deal to avoid labor strike

Boeing announced Sunday it reached a tentative agreement with its labor union that will, if it passes, prevent a disastrous strike for the company that could have halted its commercial aircraft production. Boeing and about 33,000 union members, most of whom are factory workers, struck a deal that included pay raises and expanded retirement benefits.... The post Boeing and union reach tentative deal to avoid labor strike appeared first on Daily T…

Boeing reaches tentative deal with its production workers in hopes to avoid strike

Boeing and its machinists’ union have reached a tentative deal on a new contract — just days before thousands of workers who make the company’s airplanes were planning to strike.The International Association of Machinists Districts 751 and W24 represent about 33,0000 production employees based on the West Coast. Over the past month, the aircraft manufacturer and the union have been negotiating a new contract before the current one expires on Thu…