Boeing and Machinists Union Reach Stalemate Over Pay Dispute
ICARO Media Group
**Boeing and Machinists Union Reach Deadlock in Pay Negotiations**
Negotiations between Boeing and the International Association of Machinists and Aerospace Workers (IAM) have come to an impasse, according to a statement released by the union late on Friday. Talks aimed at reaching a new pay deal broke down, and currently, there are no further discussions scheduled. IAM has expressed its openness to resume talks, whether direct or through mediation.
Boeing, on its part, reaffirmed its commitment to rebuilding its relationship with its employees, emphasizing a desire to reach an agreement as soon as possible. "We are prepared to meet at any time," said a Boeing spokesperson in an email.
The strike, involving over 32,000 Boeing workers in the Seattle area and Portland, Oregon, began on September 13, marking the union's first strike since 2008. This labor action has affected the production of several airplane models, including the company's best-selling 737 MAX.
The union is pushing for a 40% pay increase and the reinstatement of a defined-benefit pension plan that was removed from the contract a decade ago. Boeing made what it termed its "best and final" offer on Monday, proposing a 30% raise over four years and restoring a performance bonus. However, an internal survey by the union indicated that this offer was insufficient for its members.