Strike looms as Boeing workers reject new contract

Published On Sep 13, 2024, 1:30 AM

Boeing machinists have overwhelmingly rejected a new contract offer and are set to strike, involving over 30,000 workers. Discontent arises from proposed pay raises and the absence of a restored pension plan. The strike is critical for Boeing as the company faces ongoing production challenges and a backlog of aircraft deliveries. Analysts suggest the strike may not last long, but if prolonged, could hinder Boeing's recovery and current operations, affecting the broader aviation supply chain.