Boeing and Union Reach Tentative Labor Deal to Avoid Strike. Deal Secures 25% Wage Hike Over Four Years and Pledges to Building New Plane in Pacific Northwest

  • 5 days ago
Boeing and the International Association of Machinists and Aerospace Workers have reached a tentative labor agreement, averting a potential strike at its leading factories. The deal includes a 25% wage increase over four years and improvements in healthcare costs and retirement benefits. Boeing also committed to building its next airplane in the Pacific Northwest. This deal is seen as a win for CEO Kelly Ortberg, who has been focused on stabilizing the company amidst safety and quality issues.

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