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Market Chatter: Boeing Workers in Washington State to Vote on Strike Authorization Amid Wage Dispute
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Market Chatter: Boeing Workers in Washington State to Vote on Strike Authorization Amid Wage Dispute
Jul 17, 2024 5:21 AM

08:08 AM EDT, 07/17/2024 (MT Newswires) -- Boeing's ( BA ) Washington state factory workers will vote Wednesday on granting their union authority to strike as they push for a 40% wage increase, Reuters reported.

Up to 30,000 employees, responsible for crafting Boeing's ( BA ) 737 MAX and other aircraft, will gather at Seattle's T-Mobile Park to show support, though they can only strike once their contract ends on Sept. 12, the report said.

The vote is considered procedural, and the union is starting the 12 p.m. PDT event, including an earlier procession of workers on 800 motorcycles, the report said.

"We remain confident we can reach a deal that balances the needs of our employees and the business realities we face as a company," Reuters quoted Boeing ( BA ) as saying in a statement.

Boeing ( BA ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 185.20, Change: -0.85, Percent Change: -0.46

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