Boeing Faces Threat of a Massive Strike as Union Members Vote on a Contract Today
Union Members Set to Vote on Contract, Strike Authorization
Today, nearly 2,500 members of the International Association of Machinists and Aerospace Workers (IAM) at Boeing are voting on a contract offer that could potentially avert a strike at the aerospace giant's facilities in Washington state. The union members have been working without a contract since May 2023 and have been in negotiations with the company for months. If the contract is rejected, the union has authorized a strike that could begin as early as Friday.
Boeing Workers Seeking Higher Wages, Improved Benefits
The main sticking points in the negotiations have been wages and benefits. The union is seeking a significant wage increase, as well as improved health care and retirement benefits. Boeing has offered a 5% wage increase over three years, which the union has deemed insufficient. The union is also seeking to maintain the current health care and retirement benefits, which Boeing has proposed to cut.
Strike Could Disrupt Boeing Production
A strike at Boeing would have a significant impact on the company's production. The company is currently ramping up production of its 737 MAX aircraft, which was grounded for nearly two years following two fatal crashes. A strike could delay deliveries of the 737 MAX and other Boeing aircraft, which could cost the company billions of dollars.
Boeing, Union Hoping to Avoid Strike
Both Boeing and the union have expressed a desire to avoid a strike. However, the two sides remain far apart on the key issues of wages and benefits. The union has said that it is prepared to strike if necessary, while Boeing has said that it is committed to reaching a fair agreement.
Vote Results Expected Later Today
The results of the union vote are expected to be announced later today. If the contract is rejected, the union will begin preparing for a strike. A strike would be the first at Boeing since 2008.
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