Air Freight News

Boeing, striking union to continue negotiations on Tuesday

Boeing and its largest union said they would continue contract talks on Tuesday, as both sides seek an agreement to end a strike by around 33,000 U.S. West Coast factory workers.

The company and the union, whose members have been on strike for 25 days, had resumed contract talks on Monday in the presence of federal mediators.

"Although we met with Boeing and federal mediators all day, there was no meaningful movement to report. We will be back at it tomorrow," The International Association of Machinists and Aerospace Workers said late on Monday.

Boeing also confirmed mediation would continue on Tuesday.

The union is seeking a 40% pay rise over four years and the restoration of a defined-benefit pension that was taken away in the contract a decade ago.

Boeing made an improved offer last month that it described as its "best and final", which would give workers a 30% raise and restore a performance bonus, but the union said a survey of its members found that was not enough.

The strike has halted production of Boeing's best-selling 737 MAX jet, along with its 777 and 767 widebody planes. The MAX is a key revenue-driver for the company at a time when it is struggling with weak margins in its defense business.

Reuters
Reuters

{afn_job_title}

Similar Stories

https://www.ajot.com/images/uploads/article/Ethiopian-Airlines-received-AFRAA%E2%80%99s-Airline-of-the-Year_2024.png
Ethiopian Airlines received AFRAA’s Airline of the Year - Global Operations Award
View Article
https://www.ajot.com/images/uploads/article/Etihad-Cargo_MOIAT-Partnership.png
Etihad Cargo and Ministry of Industry and Advanced Technology (MoIAT) partner boosting the national in-country value (ICV)
View Article
https://www.ajot.com/images/uploads/article/Phoenix-Airport-Logistics.png
Cushman & Wakefield advises sale of a 393,484 SF state-of-the-art industrial asset in Phoenix Airport submarket
View Article
https://www.ajot.com/images/uploads/article/Sustainable-Aviation-Fuel-.png
Federal agencies announce new sustainable aviation fuel implementation framework to reduce U.S. aviation carbon emissions
View Article
https://www.ajot.com/images/uploads/article/Alaska_Airlines_Boeing_737-990%28ER%29_N434AS_approaching_Newark_Liberty_International_Airport.jpg
Alaska Airlines launches new service from West Coast cities to top winter destinations
View Article
https://www.ajot.com/images/uploads/article/Adrien-Thominet%2C-Executive-Chairman-of-ECS-Group_cropped.png
ECS Group announces Adrien Thominet’s appointment to TIACA Board of Directors
View Article