Union leaders urge Machinists to reject Boeing's final offer

[mpenguin1]

Well, if voted upon, Boeing could be shut down this week due to a machinists strike....


Tuesday, August 30, 2005

The leader of the largest union at Boeing today slammed the company's best-and-final offer on a new labor agreement and urged his members to launch a potentially crippling strike against the aerospace giant when they vote on the proposal tomorrow

The Machinists' current contract expires just after midnight Friday. If more than 50 percent of the union's 18,300 members reject the contract and more than two-thirds approve a strike, a walkout could begin as early as Friday.

"Our contingency plan is we would go into an orderly shutdown of the Boeing Company" if there is a strike, Mulally said. "That would be devastating for all of us."


http://seattletimes.nwsource.com/htm...ngoffer30.html

[tonyw]

And Boeing is a very different situation than the airlines. Boeing's got tremendous demand for their products, they've got record profits, and they've got a competitor with strong finances who will jump on any weakness that Boeing shows.

I would expect Boeing to settle this close to the terms that the machinists are demanding.