Boeing and its engineering union have reached a tentative agreement to extend the contracts of more than 20,000 workers.
The union said workers would soon receive ballots to vote on the six-year extensions for engineers and technical workers.
The agreements provide "market-leading wages, continued retirement benefit growth, a choice of comprehensive medical plans and enhanced job security language," the Society of Professional Engineering Employees in Aerospace (SPEEA) said in a statement.
“These negotiations were possible because SPEEA and Boeing decided not to let our areas of disagreement prevent us from making progress on items where we do agree,†said SPEEA Executive Director Ray Goforth.
Boeing, which has long had a contentious relationship with its production line workers, welcomed the deal.
Magma Aviation made significant progress in 2024. With its strategic hubs in Europe and expansions in Dubai and Dublin, Magma Aviation is well-positioned to make substantial improvements in opera...
Owners of London Stansted Airport recently announced a major investment package including an extension to the terminal. Artemis Aerospace takes a look at the rise of Stansted and the new plans....
Jet OUT announced the opening of its newest base at Fort Lauderdale-Hollywood International Airport. This expansion marks the company's first move outside the Midwest, bringing its innovative loca...
British Airways is to acquire the Boeing hangar facility and MRO business at Gatwick in a move that will secure jobs at the site and expand BA’s presence at this key airport. It will ultimately...