(Washington) The Boeing strikers’ union announced on Saturday that it had reached an agreement in principle with the management of the aircraft manufacturer, more than a month after the start of the social conflict which paralyzed several of the company’s factories.
Published at 11:49 a.m.
“We have received a negotiated proposal for a resolution of the strike which deserves to be considered and presented to our members”, published on X the machinists’ union, the IAM, specifying that it will be put to the vote on Wednesday October 23 .
In this new agreement, Boeing notably offers a salary increase of 35% over four years.
Negotiations are failing on wages, Boeing having gone from a proposal of +25% to +30% over four years, when the union is demanding +40%.
“We are impatiently awaiting the vote of our employees on this negotiated proposal,” the aircraft manufacturer responded to AFP on Saturday.
The strike of more than 33,000 workers has paralyzed, since September 13, the group’s two main factories: that of Renton, which produces the 737, its best-selling plane, and that of Everett, which manufactures the 777, the 767 and operates several military programs.
Despite negotiations that began in May and have been taking place with federal mediators since mid-September, deep differences persisted between the IAM machinists’ union in the Seattle area and Boeing management on the next social agreement.
The aircraft manufacturer has announced numerous measures in recent weeks to preserve and then replenish its cash flow, including a reduction of around 10% of its global workforce in the coming months. At the end of 2023, the group employed more than 170,000 people.
Boeing also announced $5 billion in pretax charges in its third-quarter accounts, partly due to the strike, as well as the cessation of production of the 767 freighter.
According to an estimate on Friday, carried out by the Anderson Economic Group (AEG), the five weeks of strike cost a total of 7.6 billion dollars in direct losses, including at least 4.35 billion for Boeing and 1.77 billion for its suppliers.
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