Boeing Machinists Strike Enters Second Week with No Resolution in Sight

Union demands higher wages and pension restoration as Boeing faces significant financial pressures and operational disruptions.

The strike, involving over 33,000 machinists, began on September 13 after a 96% vote in favor of striking.
Workers rejected Boeing's offer of a 25% wage increase over four years, seeking a 40% raise and reinstatement of pensions.
Boeing's financial struggles include $60 billion in debt and ongoing costs of $50 million per day due to halted production.
Federal mediators have joined negotiations, but both sides report little progress and no further talks are scheduled.
Boeing has initiated furloughs for nonunion employees and is facing potential credit downgrades amid the prolonged strike.