‘This is a victory’: Boeing and union reach a deal, ending a monthslong strike

Boeing workers ended a 53-day strike after accepting a new contract with a 38% wage increase over four years, ratified by 59% of union members. The contract, which includes bonuses but omits the restoration of a frozen pension plan, allowed Boeing to resume production of its highest-demand airliner. While some workers viewed the deal as a necessary compromise, others expressed disappointment over unrealized demands. The strike marked a significant moment for Boeing amid ongoing financial and regulatory challenges, drawing attention to labor rights and corporate accountability in the aerospace industry. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Fast Company