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, continuing their six-week-long strike.
A primary reason for the rejection was Boeing's refusal to reinstate the IAM pension, which was removed in 2014, despite the offer including substantial pay increases, a ratification bonus, and improved 401(k) contributions.
The ongoing strike has severely impacted Boeing, resulting in $6.2 billion in third-quarter losses, layoffs, program cancellations, and a halt in 737 production, while the union maintains a robust strike fund and is committed to further negotiations.

See a mistake? Contact us.

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.