Boeing withdraws contract offer as union talks break down

Plane maker’s manufacturing business crippled after 33,000 workers downed tools

Talks between Boeing and its largest union to end an almost month-long strike collapsed for a third time, extending a shutdown of the plane maker’s key commercial manufacturing base on the US west coast. Both the embattled plane maker and the International Association of Machinists and Aerospace Workers blamed each other for the impasse, following two days of mediated negotiations over a previously disclosed proposal that would have hiked wages 30 per cent and boosted retirement benefits. Boeing said it has withdrawn the offer, saying further talks don’t make sense at this time. Photographer: David Ryder/Bloomberg via Getty Images

Talks between Boeing and its largest union to end an almost month-long strike collapsed for a third time, extending a shutdown of the plane maker’s key commercial manufacturing base on the US west coast.

Both the embattled plane maker and the International Association of Machinists and Aerospace Workers blamed each other for the impasse, following two days of mediated negotiations over a previously disclosed proposal that would have hiked wages 30 per cent and boosted retirement benefits.

Boeing said it has withdrawn the offer, saying further talks don’t make sense at this time.

Boeing and leaders for IAM District 751 have been in a stalemate over pay and pensions since the union’s 33,000 members walked off the job shortly after midnight on September 13th. - Bloomberg

READ MORE

– Bloomberg