Overview

• Workers at Spirit AeroSystems, a key supplier for Boeing's 737 Max aircraft, voted to accept a new four-year labor agreement, allowing production to resume.
• The deal includes substantial pay increases, maintains health benefits, and eliminates mandatory overtime.
• Workers had been on strike for a week after rejecting an earlier contract offer from the company.
• The new agreement ensures Spirit AeroSystems can continue supplying major parts for Boeing and Airbus aircraft without disruption.
• The ratified contract provides financial stability for both Spirit AeroSystems and Boeing after years of production issues and cost pressures.