Stock Market News

Boeing’s largest union seeks seat on planemaker’s board, FT reports


FILE PHOTO: Boeing logo is seen at the company’s technology and engineering center in Sao Jose dos Campos, Sao Paulo state, Brazil October 10, 2023. REUTERS/Gabriel Araujo/File Photo

 

BA
+0.64%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:


Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

(Reuters) -Boeing’s largest labor union is seeking a board seat at the planemaker, the Financial Times reported on Monday.

The International Association of Machinists District 751, which represents 32,000 workers at factories in the U.S. state of Washington, began contract negotiations with Boeing (NYSE:BA) this month and one of its aims is to have a greater voice at the company, according to the report.

“We continue to review all of the union’s proposals and plan to discuss them at the bargaining table,” a Boeing spokesperson said.

The union did not immediately respond to a Reuters request for comment.

Earlier this month, Boeing and the union started talks seeking the first new contract in 16 years as the U.S. planemaker grapples with its ongoing 737 MAX safety crisis and after big gains by workers in other sectors of the economy.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button