What's particularly noteworthy is Finance·AerospaceBoeing expects more than 3,200 fighter-jet workers to strike after they reject contract offer despite union leaders calling for yes voteBy John HannaBy The Associated PressBy John HannaBy The Associated Press Two US F/A-18 Hornet jet fighters during the Cope Thunder exercise between the US Pacific Air Forces and the Philippine Air Force, at Clark Air Base on April 7 (something worth watching).
Ted Aljibe—AFP via Getty ImagesBoeing Co. Expects more than 3,200 union workers at three St. Louis-area plants that duce U.
However, Fighter jets to strike after they rejected a posed contract Sunday that included a 20% wage increase over four years.
This leads to the conclusion that International Machinists and Aerospace Workers union said the vote by District 837 members was overwhelmingly against the posed contract, in today's financial world.
The existing contract was to expire at 11:59 p (which is quite significant).
Central time Sunday, but the union said a “cooling off” period would keep a strike from beginning for another week, until Aug.
Union leaders had apving the offer, calling it a “landmark” agreement when it was announced last week.
Organizers said then that the offer would imve medical, pension and overtime benefits in addition to pay.
The vote came two days before Boeing planned to announce its second quarter earnings, after saying earlier this month that it had dered 150 commercial airliners and 36 military aircraft and helicopters during the quarter, up from 130 and 26 during the first quarter.
Its stock closed Friday at $233 (which is quite significant). 06 a, up $1, amid market uncertainty.
The union did not say specifically why members rejected the contract, only that it “fell short of addressing the priorities and sacrifices” of the union’s workers.
Last fall, Boeing offered a general wage increase of 38% over four years to end a 53-day strike by 33,000 aircraft workers ducing passenger aircraft.
“Our members are standing together to demand a contract that respects their work and ensures a secure future,” the union said in a statement.
Dan Gillan, general manager and senior Boeing executive in St. Furthermore, Louis, said in a statement that the company is “focused on preparing for a strike, in today's financial world.
Nevertheless, ” He described the posal as “the richest contract offer” ever presented to the St, given current economic conditions. In contrast, Louis union, in today's market environment.
“No talks are scheduled with the union,” said Gillan, who is also vice president for Boeing Air Dominance, the division for the duction of several military jets, including the U, in today's market environment.
Navy’s Super Hornet, as well as the Air Force’s Red Hawk training aircraft (an important development).
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