Boeing and Union to Resume Negotiations Amid Ongoing Strike

Talks are set to continue on October 7 as Boeing aims to resolve a strike involving 33,000 workers, impacting production of key aircraft models.

The strike, involving 33,000 Boeing workers, has halted production of the 777, 767, and 737 MAX jets, crucial for Boeing's revenue.
Negotiations have been challenging, with previous offers, including a 25% wage increase over four years, rejected by over 90% of union members.
Boeing's latest proposal includes a 30% wage increase over four years, reinstated performance bonuses, and improved retirement benefits.
The Biden administration, through acting U.S. Labor Secretary Julie Su, remains engaged in facilitating the negotiations.
The strike is Boeing's first since 2008, occurring in a year marked by financial struggles and safety concerns for the company.