November 4, 2024 – 3:12 AM PST
SEATTLE (Reuters) – Boeing (BA.N) U.S. West Coast factory workers will hold a vote on an improved contract offer on Monday that could end a seven-week strike and restart jet production at the troubled planemaker.
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Boeing’s latest offer includes a 38% wage increase spread over four years, up slightly from a 35% raise in a proposal that was rejected by around two-thirds of the 33,000 striking machinists in a vote 12 days ago.
Boeing’s fourth offer since a strike started on Sept. 13 comes at a critical moment for the company, which last week announced a $24 billion share issue to shore up its…