'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






Airborne On ANN

Airborne 09.28.15

Airborne 09.29.15

Airborne 09.30.15

Airborne 10.01.15

Airborne 10.02.15

Airborne Hi-Def On YouTube

Airborne 09.28.15

Airborne 09.29.15

Airborne 09.30.15

Airborne 10.01.15

Airborne 10.02.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

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


More News

Airborne 10.02.15: LauncherOne Milestones, A/C Mngmt Legislation, UAV Safety

Also: Open Aviation Safety Reporting, ICAS 2015, Apache/Chinook Orders, Flexjet, Journey To Space Film, Sport/GA Decline?, Soloy Aviation ANN Airborne Link: www.aero-news.net/index>[...]

Aero-News: Quote Of The Day (10.04.15)

“Refuelling between the KC-30A and F-35A is an important step towards the KC-30A’s achievement of Final Operational Capability (FOC) and represents continued progress i>[...]

ANN's Daily Aero-Linx (10.04.15)

Aero Linx: Vintage Sailplane Association The purpose of the Vintage Sailplane Association (VSA) is to promote the acquision, restoration and flying of vintage sailplanes by its mem>[...]

ANN's Daily Aero-Term (10.04.15): Flight Information Service-Broadcast

Flight Information Service-Broadcast (FIS−B) A ground broadcast service provided through the ADS−B Broadcast Services network over the UAT data link that operates on 97>[...]

ANN FAQ: Feel The Propwash (Updated)

New Form Makes Subscribing, Unsubscribing Even Easier While we're very proud of our newly-redesigned website, we know that some folks really enjoy the convenience of having their A>[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC