Boeing Strike Ends as Workers Secure 38% Pay Increase

Boeing workers have voted to accept a significant pay increase, bringing an end to a seven-week strike that severely disrupted operations at the aviation giant. The agreement, approved by 59% of union members, grants a 38% pay rise over the next four years.

The International Association of Machinists and Aerospace Workers (IAM) announced that employees will begin returning to work starting Wednesday, with all workers expected back by 12 November. The strike, which began on 13 September, involved approximately 30,000 workers and caused a substantial slowdown at Boeing’s factories, exacerbating the company’s ongoing production challenges.

In addition to the pay increase, the deal includes a one-time bonus of $12,000 (£9,300) and enhancements to workers’ retirement plans. “Through this victory and the strike that made it possible, IAM members have taken a stand for respect and fair wages in the workplace,” said IAM union leader Jon Holden.

The workers had initially demanded a 40% wage hike, rejecting Boeing’s previous offers. Despite the difficult negotiations, Boeing’s chief executive, Kelly Ortberg, expressed optimism, stating, “While the past few months have been difficult for all of us, we are all part of the same team. There is much work ahead to return to the excellence that made Boeing an iconic company.”

The strike drew national attention, with acting US Labor Secretary Julie Su traveling to Seattle to assist in the negotiations, underscoring the importance of Boeing to the American economy. The deal marks a hard-won victory for the workers and sets the stage for Boeing to resume full production.