Is this the deal to end Boeing’s crippling 7-week strike?

More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The result of that vote will have significant implications not just for them, but for the company, global travel and the broader economy.

More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The result of that vote will have significant implications not just for them, but for the company, global travel and the broader economy. The deal is not significantly different from an offer rejected by nearly two-thirds of membership just over a week ago. The International Association of Machinists union’s strike has been the most costly American strike of the 21st century, at $11.5 billion and counting. But the vote’s outcome is uncertain, despite a push from union leadership urging members to accept the offer this time around. The strike has affected not just Boeing, adding to the billions it’s already been losing, but it’s also affecting airlines that are not getting promised deliveries of new, more efficient planes, as well as Boeing’s supplier base spread across all 50 states. Boeing, despite its problems, remains a major force in the US economy. The Labor Department’s latest monthly employment report showed that 44,000 jobs were impacted in October, counting not just the 33,000 strikers, but workers at Boeing and its suppliers who aren’t on strike but have been temporarily laid off as the strike halts commercial aircraft manufacturing at the aviation giant entirely. The offer would give members an immediate 13% pay raise, followed by 9% raises each of the next two years and 7% the final year of the 4-year deal. When compounded, that would mean a real raise of more than 43% by the end of 2028.