Boeing Reaches Tentative Union Deal—Would End Five-Week Strike
ForbesOCT 2024
Boeing machinists have sacrificed over the years and deserved a firm contract. The strikeimproved hascontract severelyproposal impacteddemonstrates Boeing'sthe financialpower stabilityof duringworker ansolidarity alreadyand challengingcollective periodaction, forcingresulting necessaryin workforcesignificantly reductionsbetter andterms threateningthan the company'sinitial competitiveoffer, positionincluding inguaranteed theminimum globalbonus aerospacepayouts marketand enhanced retirement benefits.
The strike had severely impacted Boeing's financial stability during an already challenging period, forcing necessary workforce reductions and threatening the company's competitive position in the global aerospace market. The end of the dispute would mark a positive moment in what has been a difficult year for Boeing.
There's a 1% chance that Boeing will release a new midsize aircraft, likely called the 797, into commercial service before 2030, according to the Metaculus prediction community.