Askume Sept 10 – Boeing Co ‘s (BAN) chief operating officer said in a letter to employees that the company negotiated a new labor contract in good faith with one of its largest unions and “has no hesitation in considering” holding a second vote on Tuesday, seen by Askume.
A tentative agreement with the International Association of Machinists and Aerospace Workers (IAM) has raised many hopes that
In the letter, Chief Operating Officer Stephanie Pope reiterated its “unprecedented commitment” to the terms of the proposed deal, which includes the usual 25% pay raise and a commitment to build the next commercial aircraft in the Seattle area.
Holden said many members were seeking a 40 per cent pay increase over the term of the contract and the return of a defined benefit pension plan they reluctantly gave up during negotiations a decade ago.
If union workers vote against the deal and decide to strike, it would be a blow to Boeing’s new CEO Kelly Ortberg , who just last month led efforts to improve safety on the company’s best-selling 737 MAX passenger jet and is responsible for improving the safety of Boeing’s best-selling 737 MAX airliner.