Overview
- 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.