Current:Home > MarketsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -Stellar Wealth Sphere
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-17 05:21:23
SEATTLE (AP) — The union representing Boeing’s striking factory workers in the Pacific Northwest says it expects to resume negotiations with the company on Friday.
A regional district of the International Association of Machinists and Aerospace Workers said the two sides would meet alongside federal mediators. They last held formal negotiations more than a week ago, when two days of mediated sessions broke off.
“The union is ready for this opportunity to bring forward the issues that members have identified as critical to reaching an agreement,” District 751 of the machinists’ union said. “We know that the only way to resolve this strike is through negotiations.”
Boeing confirmed Friday’s talks, which would represent progress after the aerospace giant angered union leaders on Monday by announcing a revised contract to its 33,000 striking workers through the media and setting a Friday night deadline for ratification.
Boeing’s “best and final” offer included pay raises of 30% over four years, up from 25% in a deal that union members overwhelmingly rejected when they voted to strike two weeks ago. The union originally demanded 40% over three years.
Boeing said the offer would take the average annual pay for machinists from $75,608 now to $111,155 at the end of the four-year contract. It also would keep annual bonuses based on productivity. In the rejected contract, Boeing sought to replace those payouts with new contributions to retirement accounts.
In the face of opposition from the union, Boeing backed down Tuesday and gave the union more time to consider the new proposal. However, many workers said the company’s latest offer wasn’t good enough considering the increased living costs in the Puget Sound area since the last negotiations 16 years ago.
Boeing, which has encountered serious financial, legal and mechanical challenges this year, is eager to end the costly walkout that has halted production of its best-selling airline planes.
The strike has shut down production of Boeing 737s, 767s and 777s and is causing the company to make cost-cutting moves, including rolling temporary furloughs for thousands of nonunion managers and employees.
veryGood! (28)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Dutch election winner Wilders taps former center-left minister to look at possible coalitions
- China warns Australia to act prudently in naval operations in the South China Sea
- Motown bound! Patrick Kane signs one-year deal with Red Wings
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Argentina’s right-wing president-elect to meet with a top Biden adviser
- Peru’s top prosecutor blames President Boluarte for deaths of protesters as political crisis deepens
- Suspect in shooting of 3 Palestinian students in Vermont said he was waiting for agents to arrest him, police say
- All That You Wanted to Know About She’s All That
- Security guard fatally shot at New Hampshire hospital remembered for dedication to community, family
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Sydney Sweeney Looks Unrecognizable After Brunette Hair Transformation for New Role
- Hunter Biden offers to testify publicly before Congress, setting up a potential high-stakes face-off
- Security guard fatally shot at New Hampshire hospital remembered for dedication to community, family
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Jenna Lyons’ Holiday Gift Ideas Include an Affordable Lipstick She Used on Real Housewives
- Every MLB team wants to improve starting pitching. Supply and demand make that unrealistic
- 127 Malaysians, suspected to be victims of job scams, rescued from Myanmar fighting
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Ukraine spy chief’s wife undergoes treatment for suspected poisoning with heavy metals
Yippy-ki-yay, it's 'Die Hard' season again
Watch live: Tribute service for former first lady Rosalynn Carter continues
Nearly half of US teens are online ‘constantly,’ Pew report finds
What to expect from Mike Elko after Texas A&M hired Duke coach to replace Jimbo Fisher
Taylor Swift's the 'Eras Tour' movie is coming to streaming with three bonus songs
US tells Israel any ground campaign in southern Gaza must limit further civilian displacement