Boeing machinists hold contract vote that could end their 7-week strike

Quick Summary:

Unionised factory workers at Boeing are voting Monday whether to accept a contract offer or to continue their strike, which has lasted more than seven weeks and shut down production of most Boeing passenger planes.

If members of the International Association of Machinists and Aerospace Workers vote for a third time to reject Boeing's offer, it would plunge the company into further financial peril and uncertainty.

A vote to ratify the contract would clear the way for the aerospace giant to resume airplane production and bring in much-needed cash.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Aviation Boeing Boeing worker strike Aviation sector Worker strike

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 11:16:13 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 850 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23389593

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Official Website: business-standard.com

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