Current:Home > NewsOliver James Montgomery-A Boeing strike is looking more likely. The union president expects workers to reject contract offer -MoneyStream
Oliver James Montgomery-A Boeing strike is looking more likely. The union president expects workers to reject contract offer
Surpassing View
Date:2025-04-10 15:01:43
The Oliver James Montgomeryrisk 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! (78)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- Former NASCAR champion Kurt Busch arrested for DWI, reckless driving in North Carolina
- Keke Palmer Shares How 17-Month-Old Son Leodis Has Completely Changed Her Life
- Rookie Weston Wilson hits for cycle as Phillies smash Nationals
- 2 killed, 3 injured in shooting at makeshift club in Houston
- After record-breaking years, migrant crossings plunge at US-Mexico border
- Kihn of rock and roll: Greg Kihn of ‘80s ‘Jeopardy’ song fame dies at 75
- The Daily Money: Inflation eased in July
- In ‘Nickel Boys,’ striving for a new way to see
- Why Jana Duggar Says It Was “Disheartening” Watching Her Siblings Getting Married First
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Try these 3 trends to boost your odds of picking Mega Millions winning numbers
- Don't Miss Out on lululemon's Rarest Finds: $69 Align Leggings (With All Sizes in Stock), $29 Tops & More
- Shine Bright With Blue Nile’s 25th Anniversary Sale— Best Savings of the Year on the Most Popular Styles
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Matthew Perry Ketamine Case: Doctors Called Him “Moron” in Text Messages, Prosecutors Allege
- Powerball winning numbers for August 14 drawing: Jackpot at $35 million
- Don't Miss Out on lululemon's Rarest Finds: $69 Align Leggings (With All Sizes in Stock), $29 Tops & More
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Number of potentially lethal meth candies unknowingly shared by New Zealand food bank reaches 65
Former NASCAR champion Kurt Busch arrested for DWI, reckless driving in North Carolina
When is the 'Love Island USA' Season 6 reunion? Date, time, cast, how to watch
A South Texas lawmaker’s 15
Horoscopes Today, August 16, 2024
Why does my cat keep throwing up? Advice from an expert.
Saturday Night Live Alum Victoria Jackson Shares She Has Inoperable Tumor Amid Cancer Battle