'Tense' Negotiations Between Boeing, Machinists Bear Little Fruit | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 09.26.16

Airborne 09.27.16

Airborne 09.28.16

Airborne 09.22.16

Airborne 09.23.16

Airborne Hi-Def On YouTube

Airborne 09.26.16

Airborne 09.27.16

Airborne 09.28.16

Airborne 09.22.16

Airborne 09.23.16

Wed, Aug 27, 2008

'Tense' Negotiations Between Boeing, Machinists Bear Little Fruit

Analysts Predict Strike Is Looming

The clock is ticking down to the end of Boeing's contract with the International Association of Machinists. The union has decided to strike against Boeing three times in the last 20 years.

As ANN reported, Boeing met with union officials last week, in one last effort to hash out a new contract and avoid a crippling strike. At this writing, both sides are still holed up in an hotel conference room near Sea-Tac.

How likely a strike is this time depends on who you talk to. Reuters quotes union officials as calling Boeing's latest contract offer "insulting," and the negotiations "tense."

The company is offering a pay increase of 2.5 percent the first year and two percent in each of the following two years. Instead of continuing to offer its traditional pension plan, Boeing wants to switch new hires instead to a defined retirement benefit plan.

Union spokeswoman Connie Kelliher says the IAM made a counterproposal Saturday, calling for a substantial increase to pension and health-care benefits. "The company needs to get serious and offer a proposal that gives our members the improvements that they deserve," Kelliher said.

Industry observers predict a crippling strike next week, but Boeing's Tim Healy suggests those observers have been paying too much attention to the union's rhetoric. "Discussions have been good. We still remain optimistic that we can give a final offer by the Labor Day weekend," Healy said.

Boeing was expected to make a best and final offer Monday, with a union ratification vote September 3. Much is at stake. A halt in new aircraft deliveries would cost the company about $3 billion a month in revenue.

FMI: www.boeing.com/2008negotiations/, www.iam751.org/contract08.htm

Advertisement

More News

Airborne 09.26.16: SpaceX Accident Details, Bell V-247 'Vigilant', Blues Cancel

Also: Tracey Curtis-Taylor, RC Saab Gripen, Kodiak, Airbus Subsidies, Worcester Reg'l Airport, MedEvac Foundation, Predator-Series As promised, SpaceX is starting to reveal details>[...]

NBAA Mourns Arnold Palmer's Passing

Dedicates 2016 Convention To Golf Legend, Aviation Champion National Business Aviation Association (NBAA) President and CEO Ed Bolen Monday reflected with sadness on the passing Su>[...]

FAA Dedicates New Tucson Control Tower

New Tower Replaces Previous Facility Which Had Stood For 58 Years FAA Administrator Michael Huerta on Friday joined federal and local officials in dedicating the new, environmental>[...]

Airborne 09.23.16: GA Pilot Sues SFO, Drone Legalities, EAA Hall Of Fame

Also: Zenith Open Hangar Days, KSMO Nonsense, Recalled Devices, Piper M600, 800th TBM, NASAO, Commercial Space The pilot of the last piston airplane based at San Francisco Internat>[...]

Airborne 09.26.16: SpaceX Accident Details, Bell V-247 'Vigilant', Blues Cancel

Also: Tracey Curtis-Taylor, RC Saab Gripen, Kodiak, Airbus Subsidies, Worcester Reg'l Airport, MedEvac Foundation, Predator-Series As promised, SpaceX is starting to reveal details>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC