• NC Software is having a Memorial Day Sale event Saturday May 23rd thru Monday night May 25th (ending midnight, EST (UTC-4)). Visit http://nc-software.com and apply coupon code MEMDAY20 during checkout to take 15% off your order for qualifying products.
  • NC Software is proud to announce the release of APDL - Airline Pilot Logbook version 9.3 now on the Apple App Store. Click here to review what's new and download the latest version. New users enjoy the first 90 DAYS FREE.

Boeing machinists soundly reject labor deal

Traderd

Well-known member
Joined
Feb 4, 2005
Posts
2,073
Total Time
5500
http://www.chicagotribune.com/busine...,0,19564.story

"Boeing machinists soundly rejected an eight-year labor contract extension on Wednesday that would have let them build the company's newest jetliner in Washington, a historic decision that could forever alter the course of Boeing's 97-year presence in the state."

"International Association of Machinists members voted 67 percent against a deal that would secure an estimated 20 years of work building Boeing's 777X jet, but a deal that would have terminated their pension plan and raised their healthcare costs."

"Tom Wroblewski, president of International Association of Machinists District 751, the local union, said in a statement that members "preserved something sacred by rejecting the Boeing proposal. We've held on to our pensions and that's big. At a time when financial planners are talking about a ‘retirement crisis' in America, we have preserved a tool that will help our members retire with more comfort and dignity."
 
Top