Machinists Reject Latest Boeing Offer

‘There is no Boeing production without our members,’ IAM district leader says after vote tally.

Caleb Revill

Thursday, October 24, 2024 at 09:27 AM ET

Verified

Edited By:

Travis Tingle

Boeing’s 737 Max 10 at Boeing Field. [Courtesy: AirlineGeeks | Katie Zera]

Key Takeaways:

International Association of Machinists and Aerospace Workers (IAM) members overwhelmingly rejected Boeing's latest contract offer, extending their six-week strike in Seattle and Gladstone, Oregon.
Despite the rejected offer including a significant 35-40% pay increase and improved 401(k) benefits, a key sticking point for members was Boeing's refusal to reinstate the IAM pension plan.
The ongoing strike has severely impacted Boeing, leading to the halt of 737 jet production, billions in third-quarter losses, and workforce reductions.
The union is unified and committed to continuing the strike, backed by a robust strike fund, until workers' demands for fairness and to recover past concessions are met.

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A majority of International Association of Machinists and Aerospace Workers (IAM) members voted Wednesday to reject the latest contract offer from Boeing, continuing the six-week-long strike.

The new contract rejection means a continuation of the month-long strike by union members of IAM Districts 751 and W24 located respectively in Seattle and Gladstone, Oregon. Sixty-four percent of members voted against the contract, according to results released by IAM on social media.