Boeing reaches early deal with 25% pay hike in hope to avert strike

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It also secured a key commitment from the planemaker to produce its next commercial airplane program in the U.S.

Pacific Northwest, in a deal that could help avert a possible crippling strike as early as Sept.13.

It's not clear when Boeing would launch its next aircraft.

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Category: BusinessFinance

Markets: India

Topics: Airline passengers International Association of Machinists and Aerospace Workers Alaska Airlines Major government contractor Commercial Aircraft Manufacturing Ethiopia Money-losing key supplier TD Cowen aerospace analyst Cai von Rumohr Jefferies aerospace analyst Seattle Indonesia Spirit AeroSystems International Association CEO Jon Holden Aircraft-manufacturing process Airline jets International Association of Machinists Chief executive 787 Dreamliner Europe Kelly Ortberg Ryanair Virginia European Low Fares Airline Association Southern California Boeing Aircraft Parts Manufacturing President South Carolina Airline IAM District Max plant Airbus Sheila Kahyaoglu Boeing South Carolina Arlington SPACEX Executive Spokesperson National Aeronautics and Space Administration Regional Airlines Aerospace

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-09-08 @ 19:14:11 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Standard

News ID: 22410514

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