{"id":2340844,"date":"2024-09-13T15:53:59","date_gmt":"2024-09-13T19:53:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-workers-begin-massive-strike-production-of-737-max-halted\/"},"modified":"2024-09-13T15:58:33","modified_gmt":"2024-09-13T19:58:33","slug":"boeing-workers-begin-massive-strike-production-of-737-max-halted","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-workers-begin-massive-strike-production-of-737-max-halted\/","title":{"rendered":"Boeing Workers Begin Massive Strike, Production of 737 Max Halted"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fboeing-workers-begin-massive-strike-production-of-737-max-halted%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2340844&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>On September 13, \u200d2024, Boeing workers in Washington and Oregon initiated a strike, stalling \u200dthe \u200bproduction of 737 Max planes \u2064due to unresolved contract\u200b negotiations. With\u2063 32,000 members of the International Association \u2063of Machinists \u200dand Aerospace Workers participating, the strike marks Boeing&#8217;s first since \u20642008. Workers \u2064demanded a 40% pay increase over four years, while the company offered 25%. The strike has already led to a 2.3% drop \u200bin Boeing&#8217;s\u2062 stock, which is struggling from\u200c previous incidents affecting its credibility and finances, including severe debt that\u2064 exceeds $60 billion.<\/p>\n<p>During \u200dthe strike, the company\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musks-actions-at-tesla-could-signal-trouble-for-twitters-leftist-employees\/\" title=\"Elon Musk\u2019s Actions At Tesla Could Signal Trouble For Twitter\u2019s Leftist Employees\">production goals<\/a> and\u200b recovery efforts could be jeopardized, especially if it extends for \u2063a prolonged\u2062 period. The financial implications could be significant, with estimates suggesting\u200d a potential cost of $3 billion \u200bif the strike lasts as long as the previous major labor walkout. Both Boeing and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-cop-beats-the-stew-out-of-thug-who-punched-female-officer-ends-fight-with-utterly-humiliating-twist\/\" title=\"Watch: Cop Beats the Stew Out of Thug Who Punched Female Officer, Ends Fight with Utterly Humiliating Twist\">union representatives expressed<\/a> a willingness to return\u2062 to negotiations,\u2062 indicating a hope for a resolution that\u200c will secure the future of the company and its employees.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> <script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>Boeing workers in Washington state and Oregon went on strike Friday, bringing construction of Boeing&rsquo;s 737 Max planes to a halt.<\/p>\n<p>Boeing&rsquo;s stock prices &mdash; already battered by a chain of events that began when the door to a Boeing jet blew off in midair &mdash; dropped 2.3 percent on Friday, according to <a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-us-factory-workers-strike-blow-planemaker-2024-09-13\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p>The <a href=\"https:\/\/www.westernjournal.com\/boeing-avoids-criminal-trial-737-max-crashes-striking-deal-biden-doj\/\" target=\"_blank\" rel=\"noopener\">strike<\/a> is the company&rsquo;s first since 2008.<\/p>\n<p>Pay was a top issue in the talks. Boeing offered workers a 25 percent pay hike over four years; workers wanted 40 percent.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: <a href=\"https:\/\/twitter.com\/Boeing?\">@Boeing<\/a> machinists vote to STRIKE, effective immediately. This means 32,000 <a href=\"https:\/\/twitter.com\/IAM751?\">@IAM751<\/a> and W24 members are on the picket lines starting TONIGHT. Vote to strike was 96% for it <a href=\"https:\/\/t.co\/gBUKmkRYOn\">pic.twitter.com\/gBUKmkRYOn<\/a><\/p>\n<p>&mdash; Ryan Simms (@RyanTVnews) <a href=\"https:\/\/twitter.com\/RyanTVnews\/status\/1834450121771430308?\">September 13, 2024<\/a><\/p>\n<\/blockquote>\n<p>  <script> \t\t\t\tif( ! getCookie( 'ff_subbed' ) ) if( typeof FFADS.replace_ict !='undefined' ) if( FFADS.replace_ict ) eval( FFADS.replace_ict ); \t\t\t<\/script> <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>About 30,000 members of the International Association of Machinists and Aerospace Workers are now staffing picket lines after 96 percent of those voting on the contract voted for the strike.<\/p>\n<p>&ldquo;This is about fighting for our future,&rdquo; said Jon Holden, lead negotiator for the union.<\/p>\n<p>Holden said the union was ready to go back to the table. <a href=\"https:\/\/www.westernjournal.com\/ap-us-will-require-inspection-pilot-seats-boeing-787-dreamliners\/\" target=\"_blank\" rel=\"noopener\">Boeing<\/a> offered a similar sentiment.<\/p>\n<p>&ldquo;The message was clear that the tentative agreement we reached with IAM leadership was not acceptable to the members. We remain committed to resetting our relationship with our employees and the union,&rdquo; the company said.<\/p>\n<p>New Boeing CEO Kelly Ortberg had urged workers to accept the contract on the grounds that a strike could further damage the company, according to <a href=\"https:\/\/www.cnbc.com\/2024\/09\/13\/boeing-workers-strike-reject-contract.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a>.<\/p>\n<p>Reuters reported that if <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-did-kelloggs-send-this-tweet-about-striking-women\/\" title=\"FACT CHECK: Did Kellogg\u2019s Send This Tweet About Striking Women?\">workers strike<\/a> for very long, <a href=\"https:\/\/www.westernjournal.com\/boeing-staffers-humiliated-elon-musks-spacex-steps-save-stranded-astronauts-report\/\" target=\"_blank\" rel=\"noopener\">the company<\/a> would add to its roughly $60 billion in debt.<\/p>\n<p>According to <a href=\"https:\/\/www.nytimes.com\/2024\/09\/13\/business\/economy\/boeing-strike-union-contract.html\" target=\"_blank\" rel=\"noopener\">The New York Times<\/a>, citing an estimate from Cai von Rumohr, a research analyst at TD Cowen, if this strike lasts as long as 2008&rsquo;s 50-day walkout, it would cost Boeing at least $3 billion.<\/p>\n<p>Even before the strike, production of the 737 Max was behind schedule at the Renton, Washington, factory where they are made.<\/p>\n<p>The slowdown is linked to quality improvements the company has needed to make after the January incident where a 737 Max lost a panel in midair.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Fitch warns extended Boeing <a href=\"https:\/\/twitter.com\/search?q=%24BA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BA<\/a> strike could lead to credit rating downgrade, posing operational and financial risks to the planemaker.<\/p>\n<p>&mdash; AS Research (@alertscreener) <a href=\"https:\/\/twitter.com\/alertscreener\/status\/1834630726202826853?\">September 13, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On Friday, Boeing CFO Brian West said the strike will &ldquo;jeopardize&rdquo; Boeing&rsquo;s recovery if it lasts very long, according to <a href=\"https:\/\/www.cnbc.com\/2024\/09\/13\/boeing-cfo-labor-strike-recovery-aircraft-production.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a>.<\/p>\n<p>West did not discuss whether the strike could impact plans to produce 38 planes per month by the end of the year.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script>  <\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> <\/p>\n<div class=\"ff-fancy-header-container\">  <\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<div class=\"insticator-ads additional\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing employees in Washington and Oregon initiated a strike on Friday, halting the production of Boeing&#8217;s 737 Max aircraft. The company&#8217;s stock, which had already been negatively affected by a series of incidents starting with a door blowing off mid-flight, fell by 2.3 percent that day, as reported by Reuters. This marks Boeing&#8217;s first strike since 2008. A primary concern during negotiations was pay; while Boeing proposed a 25 percent salary increase over four years, workers were seeking a 40 percent raise.<\/p>\n<p>Breaking news: @Boeing machinists have voted to strike immediately, resulting in approximately 32,000 members from @IAM751 and W24 joining picket lines starting tonight. The vote for the strike received overwhelming support at 96%. <\/p>\n<p>Around 30,000 members of the International Association of Machinists and Aerospace Workers are now participating in the strike after nearly all who voted supported it. Jon Holden, the union&#8217;s lead negotiator stated that this action is about securing their future and expressed readiness to return to negotiations. Boeing echoed this sentiment by acknowledging that their previous tentative agreement was not satisfactory for union members and reaffirmed their commitment to improving relations with employees.<\/p>\n<p>New CEO Kelly Ortberg had encouraged workers to accept the contract proposal due to concerns that striking could further harm the company\u2019s financial situation. Reports indicate that prolonged strikes could exacerbate Boeing\u2019s existing debt of around $60 billion.<\/p>\n<p>According to estimates from TD Cowen analyst Cai von Rumohr cited by The New York Times, if this strike extends as long as the previous one in 2008 (which lasted for 50 days), it could cost Boeing upwards of $3 billion. Even prior to this labor action, production delays were already affecting the Renton factory where the planes are manufactured due to necessary quality improvements following an incident earlier this year involving a panel loss during flight.<\/p>\n<p>Fitch has warned that an extended strike at Boeing could result in a downgrade of its credit rating and pose operational and financial risks for the manufacturer.<\/p>\n<p>On Friday, CFO Brian West indicated that if prolonged, this strike would threaten Boeing\u2019s recovery efforts but did not clarify whether it would affect plans for producing 38 planes per month by year-end<\/p>\n","protected":false},"author":1,"featured_media":2340845,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/09\/Boeing.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[34193,14922,38629,40858,40857],"class_list":["post-2340844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-737-max","tag-boeing","tag-labor-unions","tag-production-halt","tag-workers-strike"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/09\/Boeing.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2340844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2340844"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2340844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2340845"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2340844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2340844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2340844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}