Boeing workers, represented by the International Association of Machinists and Aerospace Workers, overwhelmingly rejected a contract proposal from the company, with 64% voting against it. Union leaders expressed disappointment but emphasized the importance of workplace democracy, highlighting that the workers’ fight for better wages and benefits will continue. The union seeks a 40% pay increase and reinstatement of the defined-benefit pension, following nearly a decade of stagnant wages. Boeing’s recent financial struggles, including a $6.2 billion loss in Q3 2024, underscore the tension between the company and its workers.

Source: https://www.stattimes.com/aviation/boeing-strike-to-continue-as-workers-reject-latest-proposal-1353552