Boeing has halted discussions and withdrawn its pay proposal to union workers, as a major strike approaches its fourth week. This leaves approximately 33,000 people in a state of uncertainty and heightens tensions between the two sides.
Boeing announced it has withdrawn its pay offer to approximately 33,000 U.S. factory workers amid a strike entering its fourth week. The company stated that no further negotiations would occur following a failed round of discussions with union representatives, mediated by federal officials.
Stephanie Pope, head of Boeing Commercial Airplanes, criticized the union for not seriously considering Boeing's proposals, which she described as "non-negotiable." She noted that Boeing is focused on cash preservation, exploring options to raise billions through stock sales, while temporarily furloughing thousands of salaried employees.
The union, representing West Coast factory workers, is demanding a 40% pay increase over four years and the reinstatement of a defined-benefit pension, which was eliminated in a previous contract. A recent offer of a 25% raise was overwhelmingly rejected by workers, and Boeing's latest proposal of a 30% raise was also deemed insufficient.
Despite Boeing's claims of good faith bargaining and improved proposals, the union accused the company of refusing to negotiate on key issues, including wage increases and benefits.
Read next
01:04
A fire on a British Airways Boeing 777 at Gatwick Airport last June was caused by a co-pilot mixing up his left and right hands during take-off, according to a report by the UK’s Air Accidents Investigation Branch (AAIB).
08:00
EU
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
16:01
Boeing jet deliveries
China has ordered its airlines to suspend further deliveries of Boeing jets in response to the United States' decision to impose 145% tariffs on Chinese goods, according to a Bloomberg News report on Tuesday.
20:51
Boeing has indicated that it needs more aircraft orders from India before considering setting up a commercial jet assembly line in the country, tempering government expectations.
18:13
UZBEKISTAN
Uzbekistan’s flag carrier has announced airline’s plan to purchase a dozen of aircrafts from Boeing and Airbus, marking a significant milestone in upgrading and expanding its fleet.