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BA Boeing Co

179.87
1.02 (0.57%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Boeing Co NYSE:BA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.02 0.57% 179.87 180.49 177.90 179.50 5,416,265 01:00:00

Boeing Says It Made Counter Offer to Machinists Union In Contract Talks, Union Rejected Offer

10/10/2017 3:04pm

Dow Jones News


Boeing (NYSE:BA)
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By Jon Ostrower 

Boeing Co. said it had made a counter proposal to its largest union for a contract designed to secure manufacturing of its planned 777X jetliner in Washington state, but that union leaders had rejected the deal.

Boeing's statement Thursday came at the end of a third day of talks with the International Association of Machinists and Aerospace Workers, which represents more than 32,000 of its employees. The union on Wednesday had made its own new proposal, following a vote on Nov. 13 in which its members overwhelmingly rejected an initial offer from the company that sought deep concessions from workers on pensions, health care and wages.

 

(END) Dow Jones Newswires

October 10, 2017 09:49 ET (13:49 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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