Boeing Averts Strike With New Four-Year Contract
Boeing's certification efforts for its 737 MAX 10 and 777X aircraft have been given a boost after its largest white-collar union approved a new four-year contract.
The deal, which includes a guaranteed 10% wage increase followed by 4% annual raises and potential additional performance-based pay, removes the immediate threat of a strike that could have complicated key jet programs.
The Society of Professional Engineering Employees in Aerospace (SPEEA) urged members to 'work with Boeing' and pressure management to rebuild trust that has eroded over the past decades.