Boeing and its largest union will resume contract talks on Wednesday, in the presence of federal mediators, after failing to agree on key issues of wages and pensions on Tuesday, the International Association of Machinists and Aerospace Workers (IAM) said.
Boeing and the U.S. Federal Mediation & Conciliation Service did not immediately respond to an email seeking comment.
Last week, 94.6% of IAM's more than 30,000 members, including workers who produce Boeing's top-selling 737 MAX and other jets in the Seattle and Portland areas, rejected Boeing's offer and 96% favoured a strike.
The rejected four-year deal included a general wage increase of 25%, far lower than the 40% workers had demanded. Boeing had also offered a commitment to build its next commercial airplane in the Seattle area.
A long strike could further damage Boeing's finances, already groaning due to a $60 billion debt pile.
The planemaker needs to generate sufficient cash flow to meet debt payments. A strike also would weigh on airlines that fly Boeing jets and suppliers that manufacture parts.
Latest Stories
-
Center for Learning and Childhood Development Director Dr Kwame Sakyi honoured at Ghana Philanthropy Awards
6 hours -
Asantehene receives 28 looted artefacts
7 hours -
CAF WCL 2024: Ghana’s Thelma Baffour wins title with TP Mazembe
7 hours -
Benjamin Boakye slams politicisation of energy sector issues and ECG’s inefficiencies
7 hours -
Erastus Asare Donkor and Dr Neta Parsram win big at 10th Mining Industry Awards
8 hours -
Government is “suppressing information” about power sector challenges – IES Director
8 hours -
Majority of our debts caused by forex shortfall – ECG Boss
8 hours -
Pan-African Savings and Loans supports Ghana Blind Union with boreholes
9 hours -
Bole-Bamboi MP Yussif Sulemana donates to artisans and Bole SHS
9 hours -
Top up your credit to avoid potential disruption – ECG to Nuri meter customers
9 hours -
Dutch & Co wins 2024 Entrepreneur of the Year Award
9 hours -
We’ll cut down imports and boost consumption of local rice and other products – Mahama
12 hours -
Prof Opoku-Agyemang donates to Tamale orphanage to mark her birthday
13 hours -
Don’t call re-painted old schools brand new infrastructure – Prof Opoku-Agyemang tells gov’t
13 hours -
Sunon Asogli plant will be back on stream in a few weeks – ECG
14 hours