Boeing strike ends as workers accept new contract

Quick Summary:

Contract offers 38 per cent pay rise over four years.

Boeing has said the average annual machinists’ pay at the end of the new four-year contract will be US$119,309, up from US$75,608 previously.

Analysts say the strike cost Boeing around US$100 million a day in lost revenue.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Workers Lost Years Strike Million Contract Cent Union Analysts Boeing’s Boeing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 13:47:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 552 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © The Straits Times

News ID: 23424345

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

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Publisher ID: #25

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