Boeing union endorses sweetened contract deal after nearly 7 weeks on strike [Business Insider]
Boeing Company (The) (BA)
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Source: Business Insider
The planemaker proposed a sweetened deal that includes a 38% pay increase over 4 years, the union said. The union said it is recommending workers to approve the deal on Monday. Boeing union workers are endorsing a sweetened contract offered by the airplane maker, signaling an end to a nearly seven-week strike that put a halt to the company's manufacturing operations. The International Association of Machinists & Aerospace Workers , or IAM, said in a social media post on Thursday evening that Boeing had offered a new contract that includes a 38% raise over four years. The union said it is endorsing the contract and recommends that its members approve the deal during Monday's vote. "We encourage all of our employees to learn more about the improved offer and vote on Monday, Nov. 4," a Boeing spokesperson said in a statement to Business Insider. The spokesperson noted that the new deal improves on the company's previous offer of a 35% raise over four years. The new contract
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BA
News
- Boeing machinists' union leaders back new contract, call for Monday vote [Yahoo! Finance]Yahoo! Finance
- 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
- Boeing Union Endorses Latest Offer to End Crippling Strike [Yahoo! Finance]Yahoo! Finance
- Boeing due to make improved wage offer in bid to end strike, sources say [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
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