Boeing has a tentative agreement with its largest union on a new contract for factory workers that could avoid a threatened strike
and its largest union said Sunday they reached agreement on a new contract that, if ratified, will avoid a strike that threatened to shut downBoeing said 33,000 workers represented by the International Association of Machinists and Aerospace Workers would get pay raises of 25% over the four-year contract, with average wages rising 33% due to seniority step increases. That is less than the 40% the union had demanded during negotiations.
But the company agreed with a key union demand to build its next plane in Washington state, presumably by union members.“Negotiations are a give and take, and although there was no way to achieve success on every single item, we can honestly say that this proposal is the best contract we’ve negotiated in our history,” Jon Holden, president of IAM District 751, the machinists’ union outpost at Boeing, said in a statement posted on the union website.
The proposed contract is contingent on union members ratifying it by late Thursday night Pacific time, after which the union was threatening to strike. The union has scheduled a two-part election for Thursday, with workers voting whether to accept the contract, and whether to authorize a strike if they reject the offer. Voting will occur at about a half-dozen locations in Washington state and one in California.The new chief executive, Kelly Ortberg, will try to reverse $27 billion in losses since the start of 2019.
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