Workers at Boeing have rejected a new contract offer that included a 25% pay increase over four years, leading to the possibility of a strike. The International Association of Machinists (IAM) union, representing 33,000 employees, voted overwhelmingly against the agreement.
Boeing factory workers hold signs as they wait in line to vote on their first full contract in 16 years, at an International Association of Machinists and Aerospace Workers District 751 union hall, in Renton, Washington, U.S. September 12, 2024. - REUTERS/David Ryder: US aircraft manufacturer Boeing announced on Thursday that it had failed to prevent a planned strike by its largest union, despite offering a 25 per cent pay increase over four years, reported German Press Agency .
Boeing is facing financial losses following a series of incidents related to the safety of its planes. The Federal Aviation Administration is withholding approval for the expansion of 737 production until the company can improve its quality control.- Bernama, dpa
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