Members of the Society of Professional Engineering Employees in Aerospace (SPEEA) returned a split decision on Boeing’s offer for a new four-year contract. Engineers agreed to accept the offer by a count of 6,483 to 5,514, but technical workers voted to reject by a tally of 3,203 to 2,868.
Boeing Machinists Strike
Members of the International Association of Machinists and Aerospace Workers (IAM) will vote on December 7 on a four-year contract extension that includes a commitment by Boeing to build the 737 MAX in Renton, Wash.
Boeing estimates that the two-month strike staged by its machinists late last year cost it some $2.5 billion in cash–the single biggest factor in the fourth-quarter net loss of $56 million the company reported this month. As a result of the strike, Boeing Commercial Airplanes delivered 105 fewer airplanes than expected, resulting in a $6.4 billion drop in revenues.
Boeing engineers and technical workers represented by the Society of Professional Engineering Employees in Aerospace (SPEEA) yesterday voted to approve a pair of new four-year contracts.