Boeing Strike Ends: Workers Accept New Contract Offer

A Two-Month Long Dispute Has Been Resolved

After a two-month strike, Boeing machinists and engineers have voted to accept a new contract offer from the company, according to Reuters. The strike, which began on December 8th, had a significant impact on Boeing's production, with deliveries of its 737 and 787 jets being delayed.

Workers Seek Higher Wages and Improved Working Conditions

The main issues that led to the strike were wages and working conditions. The union, the International Association of Machinists and Aerospace Workers, was demanding a 15% wage increase, better health insurance, and more paid time off. Boeing, on the other hand, was offering a 10.5% wage increase and other benefits.

The final contract offer that was accepted by the union included a 13% wage increase over three years, as well as improvements in health insurance and pension benefits. The contract also includes provisions for the hiring of more workers and the creation of a new joint labor-management committee to address workplace issues.

Impact on Boeing and the Aerospace Industry

The two-month strike had a significant impact on Boeing's production. The company was forced to reduce production of its 737 and 787 jets, and it delayed deliveries of some planes. The strike also led to the cancellation of some flights.

The end of the strike is a positive development for Boeing and the aerospace industry as a whole. It will allow Boeing to resume normal production and deliver jets to its customers. It will also provide stability to the aerospace workforce.