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Boeing, Union Leaders In Preliminary Contract Deal For Commercial Airplanes Employees

Boeing, Union Leaders In Preliminary Contract Deal For Commercial Airplanes Employees
A U.S. Navy P-8A Poseidon. (Photo: Boeing)

Boeing [BA] and union leaders that represent its Commercial Airplanes workforce in the Pacific Northwest announced a tentative agreement on a new labor contract that provides the more than 33,000 covered workers a 25 percent general wage increase over the four-year term, added retirement benefits, and lower healthcare costs. The deal must still be approved by union members who will vote on Sept. 12 before the current labor agreement expires. Although union leadership unanimously recommends ratification of the new contract,…

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