Boeing Strike Action: International Association of Machinists and Aerospace Workers

Background:

The International Association of Machinists and Aerospace Workers (IAM) represents Boeing employees in collective bargaining for wages, benefits, and working conditions. The union has been in negotiations with Boeing for a new contract since May 2022.

The current contract expired on August 1, 2023, and the union has been working without a contract since then. The union has been critical of Boeing's latest offer and has called for a strike vote.

Strike Vote:

On August 17, 2023, the IAM announced that its members had voted to authorize a strike against Boeing. The vote was 96.4% in favor of authorizing a strike.

The strike vote does not mean that a strike will definitely occur. The union could still reach an agreement with Boeing before a strike begins. However, the vote does give the union the authority to call a strike if it deems it necessary.

Potential Impact:

If a strike does occur, it could have a significant impact on Boeing's operations. The company is currently in the midst of ramping up production of its 737 MAX aircraft, and a strike could disrupt production and delivery of the aircraft.

A strike could also have a negative impact on Boeing's employees. Striking workers would lose wages and benefits, and the strike could put their jobs at risk if Boeing is forced to lay off workers due to production disruptions.

Next Steps:

The IAM and Boeing are scheduled to resume negotiations on August 22, 2023. The union has said that it is committed to reaching an agreement with Boeing that is fair to its members.

However, the union has also said that it is prepared to strike if necessary to achieve its goals. The situation is fluid, and it is unclear whether a strike will occur.