Boeing halts negotiations with striking union

Boeing has halted discussions and withdrawn its pay proposal to union workers, as a major strike approaches its fourth week.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Boeing announced it has withdrawn its pay offer to approximately 33,000 U.S. factory workers amid a strike entering its fourth week.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

11:53

Business

Boeing to lay off 396 employees

Boeing to cut 396 jobs in Washington by February as part of a 10% workforce reduction, following cost-cutting measures after a factory workers' strike in September.

16:49

Economy

Ryanair Trims Passenger Target Due to Boeing Delays

Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.

12:48

Business

Ryanair trims passenger target on Boeing delays, says fare falls easing

Ryanair cut its passenger target for March 2026 from 215M to 210M due to Boeing delays. Profits fell 18% to 1.79B euros as fares dropped, though CEO Michael O'Leary says declines are easing. Ongoing Boeing strikes may further impact deliveries.

19:00

Business

Boeing shares rise as planemaker makes new wage offer to end strike

Boeing boosts wage offer to 33,000 striking workers with a 38% raise over four years and a $12,000 bonus, aiming to end a seven-week strike that has stalled key aircraft production.

12:00

Business

Boeing strike barrels on as workers reject wage deal

Boeing factory workers voted to reject a contract offer and continue a more than five-week strike