Boeing and Union Agree on Labor Deal with 25% Pay Raise and New Aircraft Commitment

Reported about 1 month ago

Boeing has reached a tentative agreement with a union representing over 32,000 workers that includes a 25% wage increase and a commitment to build the next commercial airplane in the Seattle area. The four-year contract, which also provides benefits like paid parental leave and improved job security, needs approval from Boeing workers by Thursday. This deal helps avoid a potential strike and secures labor peace as Boeing aims to boost production of its successful 737 MAX model amid ongoing quality concerns.

Source: YAHOO

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