Current:Home > MarketsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -CapitalSource
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
NovaQuant View
Date:2025-04-09 13:29:32
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! (85369)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Robert F. Kennedy Jr. condemned over false claims that COVID-19 was ethnically targeted
- Video shows driver stopping pickup truck and jumping out to tackle man fleeing police in Oklahoma
- Reimagining Coastal Cities as Sponges to Help Protect Them From the Ravages of Climate Change
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Suspect wanted for 4 murders in Georgia killed in standoff with police
- Biden’s Pipeline Dilemma: How to Build a Clean Energy Future While Shoring Up the Present’s Carbon-Intensive Infrastructure
- Consumer advocates want the DOJ to move against JetBlue-Spirit merger
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Tens of millions across U.S. continue to endure scorching temperatures: Everyone needs to take this heat seriously
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Oregon Allows a Controversial Fracked Gas Power Plant to Begin Construction
- How (and why) Gov. Ron DeSantis took control over Disney World's special district
- The economic war against Russia, a year later
- Former longtime South Carolina congressman John Spratt dies at 82
- Biden’s Pipeline Dilemma: How to Build a Clean Energy Future While Shoring Up the Present’s Carbon-Intensive Infrastructure
- How And Just Like That... Season 2 Honored Late Willie Garson's Character
- Citing an ‘Imminent’ Health Threat, the EPA Orders Temporary Shut Down of St. Croix Oil Refinery
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
Adam Sandler’s Sweet Anniversary Tribute to Wife Jackie Proves 20 Years Is Better Than 50 First Dates
How And Just Like That... Season 2 Honored Late Willie Garson's Character
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Cardi B Is an Emotional Proud Mommy as Her and Offset's Daughter Kulture Graduates Pre-K
Former Sub Passenger Says Waiver Mentions Death 3 Times on First Page
California Proposal Embraces All-Electric Buildings But Stops Short of Gas Ban