PPA - Boeing's Labor Countdown: Union Stands Firm As Strike Vote Looms | Benzinga
Boeing Co. (NYSE:BA) is facing significant financial and production challenges following a January incident where a panel blew out mid-air on a 737 MAX jet.
Despite these issues, the International Association of Machinists and Aerospace Workers (IAM) reportedly remains resolute in their readiness to strike if necessary to secure better retirement benefits and wage increases for over 30,000 workers in Washington state.
The IAM is pushing for wage hikes exceeding 40% over the next three to four years and enhanced retirement benefits, reported Reuters.
Union president Jon Holden of IAM District 751 emphasized that workers are committed to achieving a favorable agreement, even if it means striking.
The strike authorization vote is set for July 17, but any strike action would not occur until ...