On Wednesday, the union’s members voted by a considerable margin to reject an improved contract proposal from administration mainly since the agreement would not restore the pension. The vote will extend a five-week strike that is frustrating the jet maker’s initiatives to recover from many years of disaster.
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While Boeing executives would love the strike to finish — to allow them to deal with endeavours to restore the corporate’s standing soon after two deadly crashes approximately five years in the past and very poor economical effects — several labor gurus hope them to soften their stance on pensions.
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A decade back, Boeing stopped giving the gold common of pension programs — one that pays out guaranteed sums to retirees. The lack of the pension however angers many members of the business’s largest union.