The Los Angeles Post
U.S. World Business Lifestyle
Today: March 28, 2025
Today: March 28, 2025

White House urges Boeing, striking union to work to reach deal

Boeing workers vote on a new contract proposal
October 24, 2024
David Shepardson - Reuters

By David Shepardson

WASHINGTON (Reuters) - The White House said on Thursday it was encouraging Boeing and the union representing about 33,000 striking machinists to continue working to reach a deal, a day after workers rejected the planemaker's latest contract offer.

President Joe Biden "directed his team โ€ฆ to encourage parties to continue working to achieve an agreement that works, certainly for all parties," White House press secretary Karine Jean-Pierre told reporters. "We're going to continue to monitor those negotiations and continue to make sure that we encourage that."

Earlier on Thursday, the Labor Department said Acting Secretary Julie Su was in contact with Boeing and the International Association of Machinists and Aerospace Workers.

She was in Seattle twice last week to assist in contract talks that are aimed at ending a six-week strike that has halted production of Boeing's best-selling 737 MAX as well as 767 and 777 wide-body programs.

A spokesperson for Su said she "is available to support" Boeing and IAM.

Boeing declined to comment. The IAM did not respond to a request for comment.

The union said 64% of workers voted against the latest deal, which offered a 35% rise in wages over four years.

The rejection of Boeing's offer, which comes after 95% of workers voted against a first contract last month with a 25% pay hike, reflects years of resentment from workers and deepens a financial crisis at the company.

After the vote, union leaders said they were ready to immediately resume negotiations with Boeing.

The union has been seeking a 40% pay rise and the return of a defined-benefit pension.

Since the strike began on Sept. 13, Boeing has announced plans to cut 17,000 jobs and is closing in on a plan to raise up to $15 billion from investors to help preserve its investment grade credit rating. Some airlines have had to trim schedules due to aircraft delivery delays.

(Reporting by David Shepardson; Editing by Franklin Paul and Jamie Freed)

Related Articles

Nationwide strike in Belgium hits air and train traffic Boeing, DOJ tell US judge they have not reached agreement on revised plea deal NASA's 2 stuck astronauts face more time in space with return delayed until at least late March Boeing to lay off 396 employees in Washington
Share This

Popular

Business|Economy|Health|Political|US

RFK Jr. announces the name of a new health org. he created

RFK Jr. announces the name of a new health org. he created
Business|Economy|Political|US

Vanessa Yurkevich explains what Trump's auto tariffs could mean for consumers

Vanessa Yurkevich explains what Trump's auto tariffs could mean for consumers
Asia|Australia|Business|Economy

Indian state firms seek stake in SQM's lithium projects in Australia, sources say

Indian state firms seek stake in SQM's lithium projects in Australia, sources say
Asia|Business|Economy|Political

India offers US tariff cuts on farm imports, eyes trade success, government sources say

India offers US tariff cuts on farm imports, eyes trade success, government sources say

Australia

Australia|Business|Political|Technology|World

Australia pours billions into missile procurement amidst global shortages

Australia pours billions into missile procurement amidst global shortages
Australia|Business|Economy|Finance

RBA to hold rates steady in April, but cut again in May: Reuters poll

RBA to hold rates steady in April, but cut again in May: Reuters poll
Australia|Election|Political

What you need to know about Australia's upcoming election

What you need to know about Australia's upcoming election
Australia|Economy|Election|Health|Political

Australia PM Albanese calls national election for May 3

Australia PM Albanese calls national election for May 3