Boeing and the union representing striking machinists have reached a tentative agreement that union leaders say should be presented to members for a ratification vote, paving the way for a potential end to the more than month-long strike.
“With the help of Acting U.S. Secretary of Labor Julie Su, we have received a negotiated proposal and resolution to end the strike, and it warrants presenting to the members and is worthy of your consideration,” the International Association of Machinists and Aerospace Workers Local 751 said in a statement on Oct. 19.
Around 33,000 of Boeing’s unionized workers walked off the job on Sept. 13 after nearly 95 percent of the mostly West Coast workers rejected Boeing’s offer of a 25 percent pay hike over four years. The strike halted production of the company’s 737 Max, as well as the 767 and 777 widebody aircraft, with the company losing an estimated $1 billion per month due to the labor action….