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Seven-week Boeing strike ends

05 Nov 2024
 Source: Jason Redmond/AFP
Comments | 0

Boeing workers’ seven-week strike has officially ended, as the company’s 33 000 unionised workers voted to approve a new contract proposal.

This resolution brings production of Boeing’s passenger aircraft back online after a lengthy halt.

The airline manufacturer’s revised offer included a 38% wage increase over four years. Its offer of 35% had already been rejected.

The new deal also promised a US$12 000 (R228 340) cash bonus for hourly workers and increased company contributions to employees’ retirement savings plans.

During the strike, Boeing’s Seattle-based plants were unable to produce new 737s, but the 787 Dreamliner, manufactured in non-union South Carolina, was unaffected, reports CBS News.

The walk-out coincided with Boeing reporting a third-quarter loss of U$6,1 billion (R116bn).

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