Boeing Strike Continues as Contract Talks Stall

Negotiations between Boeing and the machinists' union break down over pay and pension disputes, with no new talks scheduled.

The strike, involving nearly 33,000 Boeing workers in the Pacific Northwest, began on September 13 after rejecting a contract offer.
Boeing's latest proposal included a 30% pay raise over four years and a reinstated annual bonus, but the union demands a 40% raise and the return of a defined-benefit pension.
The strike has halted production of key airplane models, including the 737 MAX and 777, costing Boeing an estimated $1.4 billion so far.
Federal mediators were involved in the latest round of talks, but no progress was made on the core issues of wages and pensions.
Boeing has faced significant financial and operational challenges this year, compounded by the ongoing strike and a series of recent setbacks.