Current:Home > InvestBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -NextFrontier Finance
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-12 02:37:26
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! (54)
Related
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- AP sports photos of the year capture unforgettable snippets in time from the games we love
- Florida police search for Ocala mall shooter, ask public for help finding suspect
- Nothing to fear with kitchen gear: 'America's Test Kitchen' guide to tools, gadgets
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Brock Purdy’s 4 interceptions doom the 49ers in 33-19 loss to the Ravens
- Death toll rises to 18 in furnace explosion at Chinese-owned nickel plant in Indonesia
- Unaccompanied 6-year-old boy put on wrong Spirit Airlines flight: Incorrectly boarded
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- NFL on Christmas: One of the greatest playoff games in league history was played on Dec. 25
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Kane Brown and Wife Katelyn Brown Expecting Baby No. 3
- Morocoin Trading Exchange: The Difference Between NFA Non-Members and Members
- 'The Color Purple': Biggest changes from the Broadway musical and Steven Spielberg movie
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- How Derek Hough and Hayley Erbert Celebrated Christmas Amid Her Skull Surgery Recovery
- Laura Lynch, Dixie Chicks founding member, dies at 65 in head-on Texas car crash: 'Laura had a gift'
- Sickle cell patient's journey leads to landmark approval of gene-editing treatment
Recommendation
Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
Toyota small car maker Daihatsu shuts down Japan factories during probe of bogus safety tests
Trump's lawyers ask appeals court to rule on immunity in late-night filing
When and where to see the Cold Moon, the longest and last full moon of 2023
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
Inside Ukraine’s covert Center 73, where clandestine missions shape the war behind the frontline
Whisky wooing young Chinese away from ‘baijiu’ as top distillers target a growing market
A guesthouse blaze in Romania leaves 5 dead and others missing