Boeing and union leaders reached a tentative labor deal that includes:
- 25% pay increase over four years
- bolster retirement benefits
- lower healthcare costs
- commit Boeing to building its next plane in the unionized Pacific Northwest
The rank-and-file object. They want a 40% pay increase over four years, and they’ve characterized it as a hard line. They’re also still upset that Boeing dared set up an aircraft production plant in the non-union south. They voted Thursday to reject the contract and then to strike beginning that night at midnight.
The strike will halt most of Boeing’s aircraft production, and that would occur
at a time the aerospace giant is bleeding cash and piling up debt….
A prolonged work stoppage could further strain the industry’s supply chain and exacerbate jet shortages for airlines struggling to meet resurgent travel demand.
A strike—telling company management that if the union doesn’t get its way, it’ll destroy the company by preventing it from operating at all—is nothing more than legalized extortion.
This is one more reason to move even more aircraft production to right-to-work States.
With unions having monopoly power over business labor, and this Boeing branch of the International Association of Machinists and Aerospace Workers union (among so many other unions) so blatantly abusing its monopoly power, this also is one more reason to rescind the special status of unions as being exempt from antitrust laws.