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Boeing wing mechanic lead Lee Lara, who has worked for the company for 16 years, yells while striking after union members voted to reject a contract offer, Sunday, Sept. 15, 2024, near the company ...
Boeing’s most recent offer included 25% general wage increases over a four-year deal and was endorsed by the machinists union, the International Association of Machinists and Aerospace Workers ...
Boeing (BA) stock hovered near 52-week lows on Tuesday after the planemaker's largest union went on strike last week and analysts estimated that the company could lose over $100 million per day ...
Boeing proposed a 25% wage increase over four years and other improvements to health care and retirement benefits, but the union had sought raises of about 40%. The strike began on Friday.
On September 13, 2024, more than 33,000 machinists at aircraft maker Boeing went on strike, the first by the union since 2008. [2]According to the International Association of Machinists and Aerospace Workers, 94.6% of workers voted to reject a contract promising a 25% pay raise over 4 years, and 96% voted to approve the strike, surpassing the two-thirds threshold.
The Boeing 737 MAX groundings has had a deep financial effect on the aviation industry and a significant effect on the national economy of the United States. No airline took delivery of the MAX during the groundings. Boeing slowed MAX production to 42 aircraft per month until January 2020, when they halted until the aircraft was reapproved by ...
The Boeing Company. The Boeing Company (or simply Boeing) (/ ˈboʊɪŋ /) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. [5] The company also provides leasing and product support services.
September 19, 2024 at 11:31 AM. Jason Redmond—AFP via Getty Images. Boeing’s standoff with over 33,000 striking workers is already taking a toll. On Wednesday, the company told executives and ...
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