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International Business Times
International Business Times
Business
John BIERS

Prolonged Strike Clouds New Boeing CEO's Turnaround

Boeing workers have been picketing since September 13, 2024 as they seek higher wages and a restoration of their pensions (Credit: AFP)

The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.

Almost two-thirds (64 percent) of the members of the International Association of Machinists and Aerospace Workers District 751 rejected the preliminary agreement late Wednesday, extending a walkout of some 33,000 Seattle-region employees.

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