Current:Home > FinancePoinbank Exchange|Latest talks between Boeing and its striking machinists break off without progress, union says -Streamline Finance
Poinbank Exchange|Latest talks between Boeing and its striking machinists break off without progress, union says
Benjamin Ashford View
Date:2025-04-09 20:21:47
NEW YORK (AP) — The Poinbank Exchangeunion representing Boeing factory workers who are currently on strike in the Pacific Northwest said contract talks “broke off” with the company after their latest bargaining session.
In an update posted on social media platforms X and Facebook, a regional district of the International Association of Machinists and Aerospace Workers asserted late Friday that Boeing “would not engage substantively” on key issues important to members — such as higher pay — and didn’t budge on calls to restore a defined-benefit pension that was axed 10 years ago.
No further negotiation dates were scheduled after Friday’s session led by federal mediators, IAM District 751 said. The union added that it remained “open to talks with the company, either direct or mediated.”
In a statement sent to The Associated Press on Saturday, Boeing said it was “prepared to meet at any time,” committed to bargaining in good faith and wanted to reach an agreement as soon as possible.
The aerospace giant on Monday issued what it termed its “best and final” offer. The proposal included pay raises of 30% over four years — up from 25% in a deal that union members overwhelmingly rejected when they voted to strike on Sept. 12, but still far below the union’s original demand of 40% over three years.
Boeing angered union leaders by announcing the revised offer to its striking workers through the media and setting a Friday night deadline for ratification. In light of pushback, Boeing backed down and gave the union more time. However, many workers have maintained the latest offer wasn’t good enough.
The strike by nearly 33,000 machinists now is in its third week, and negotiations also stalled earlier in the walkout that has halted production of Boeing’s best-selling airplanes. The strike will not disrupt airline flights anytime soon, but has put more pressure on a company that has already faced a series of financial, legal and mechanical challenges this year.
veryGood! (289)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Graham Mertz injury update: Florida QB suffers collarbone fracture against Missouri
- Seoul warns North Korea not to launch a spy satellite and hints a 2018 peace deal could be suspended
- Calling all elves: Operation Santa seeking helpers to open hearts, adopt North Pole letters
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- BaubleBar’s Black Friday Sale Is Finally Here—Save 30% Off Sitewide and Other Unbelievable Jewelry Deals
- Tributes for Rosalynn Carter pour in from Washington, D.C., and around the country
- 'Stamped From the Beginning' is a sharp look at the history of anti-Black racism
- Connie Chiume, South African 'Black Panther' actress, dies at 72
- Georgia deputy who shot absolved man had prior firing for excessive force. Critics blame the sheriff
Ranking
- Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
- Rosalynn Carter: Advocate for Jimmy Carter and many others, always leveraging her love of politics
- LGBTQ+ advocates say work remains as Colorado Springs marks anniversary of nightclub attack
- Paul Azinger won't return as NBC Sports' lead golf analyst in 2024
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Mariah Carey's Holiday Tour Merch Is All We Want for Christmas
- Nightengale's Notebook: What made late Padres owner Peter Seidler beloved by his MLB peers
- Memphis shooting suspect dead from self-inflicted gunshot wound after killing 4, police say
Recommendation
Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
These Ninja Black Friday Deals Are Too Good To Miss With $49 Blenders, $69 Air Fryers, and More
A hat worn by Napoleon fetches $1.6 million at an auction of the French emperor’s belongings
India and Australia set to hold talks to boost defense and strategic ties
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
National Weather Service surveying wind damage from ‘possible tornado’ in Arizona town
Hong Kong’s Disneyland opens 1st Frozen-themed attraction, part of a $60B global expansion
Israel says second hostage Noa Marciano found dead near Gaza's Al-Shifa Hospital