The Facts

• Union members from the International Association of Machinists and Aerospace Workers (IAM) in Seattle on Monday voted to accept the latest pay offer from Boeing, ending more than seven weeks of strikes that reportedly cost the aviation giant $50M a day.

• Members voted by 59% to approve the latest offer. It included a 38% payrise over four years, a $12K signing bonus and retains a performance bonus that the company wanted to eliminate.

• "This is a victory. We can hold our heads high," John Holden, the union's chief negotiator, said. "Now it's our job to get back to work."