Boeing Strike Ends as Workers Secure 38% Pay Boost Over 4 Years

Boeing’s U.S. West Coast factory workers voted 59% in favor of a new contract, ending a tough seven-week strike that had stalled most jet production.

The agreement offers a substantial 38% pay rise spread over four years, easing pressure on Boeing's new CEO, Kelly Ortberg. The strike, the first by Boeing’s largest union in 16 years, significantly impacted the company's finances, adding to recent challenges, including a mid-air incident in January when a door panel blew off a nearly new 737 MAX. Union leader Jon Holden called the deal a "victory."

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