Boeing again raises offer to end strike, union to vote Monday [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
The International Association of Machinists and Aerospace Workers District 751, the union which represents more than 33,000 workers who went on strike on September 13 in the Seattle area, on Thursday endorsed the new offer and set a vote for Monday. The offer includes a 38 percent wage increase over the four years of the contract and a $12,000 ratification bonus, up from $7,000 in the previous proposal, Boeing said in a separate statement. "Your union is endorsing and recommending the latest IAM/Boeing contract proposal. It is time for our members to lock in these gains and confidently declare victory," the IAM chapter said. This was the fourth offer made by Boeing since early September, but the third on which members have been asked to vote. Members overwhelmingly rejected an offer of a 25 percent raise over four years on September 12. A second offer, which promised a 35 percent pay rise, was rejected by nearly two-thirds of members last week. The union has consistently as
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BA
News
- Man allegedly barges through TSA, storms onto Alaska Airlines flight in attempt to steal plane [FOX News]FOX News
- Boeing machinists' union leaders back new contract, call for Monday vote [Yahoo! Finance]Yahoo! Finance
- Boeing union endorses sweetened contract deal after nearly 7 weeks on strike [Business Insider]Business Insider
- Boeing machinists' union leadership backs latest company offer, calls for Monday vote [CBS News]CBS News
- Boeing Union Endorses Latest Offer to End Crippling Strike [Yahoo! Finance Canada]Yahoo! Finance Canada
BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 10/31/24 - Form 8-A12B
- 10/31/24 - Form 8-K
- 10/30/24 - Form 8-K
- BA's page on the SEC website