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Boeing machinists hold contract vote that could end their 7-week strike

Boeing Machinists to Vote on Contract, Ending 7-Week Strike

Machinists Union to Hold Vote on Contract Offer

Strike Could End if Agreement is Ratified

After a seven-week strike, Boeing machinists are set to vote on a contract offer that could end their walkout. The strike has disrupted production of the company's 737 and 787 aircraft.

The contract offer includes a 12% pay increase over three years, as well as improved retirement benefits. The union's negotiating committee has recommended that members ratify the offer.

If the contract is ratified, it would end the strike and allow Boeing to resume production of its aircraft. The strike has already cost the company billions of dollars in lost revenue.

Strike Has Impacted Boeing's Production and Revenue

The strike has had a significant impact on Boeing's production and revenue. The company has been forced to halt production of its 737 and 787 aircraft, which are two of its most popular models.

The strike has also cost Boeing billions of dollars in lost revenue. The company has estimated that the strike has cost it $1 billion per week.

Contract Vote Could End Strike

The contract vote could end the strike and allow Boeing to resume production of its aircraft. The contract offer includes a 12% pay increase over three years, as well as improved retirement benefits.

The union's negotiating committee has recommended that members ratify the offer. If the contract is ratified, it would end the strike and allow Boeing to resume production of its aircraft.