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Market
Will Boeing decide to build the next commercial airplane in the Puget Sound area by the end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcement from Boeing
Story
Boeing Reaches Tentative Deal with Union, 25% Wage Increase for 33,000 Workers to Avert Strike
Sep 8, 2024, 03:45 PM
Boeing has reached a tentative agreement with its largest union, potentially averting a strike that threatened to halt aircraft production. The deal, which covers over 33,000 workers primarily in the Seattle region, includes a 25% wage increase over four years, a reduction in healthcare costs, and a commitment to build the next commercial airplane in the Puget Sound area. The agreement also features $3,000 lump sum payments, increased contributions to retirement plans, and average wages rising 33% due to seniority step increases. Union members are set to vote on the contract on Thursday. If ratified, the agreement will prevent a strike that was set to begin this Friday.
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Similar markets
Yes • 50%
No • 50%
737 MAX successor • 25%
787 Dreamliner successor • 25%
777X successor • 25%
Other new model • 25%
New aircraft model development • 25%
Major acquisition or merger • 25%
Significant divestment • 25%
Other strategic initiative • 25%
Significant improvement in financial performance • 25%
Moderate improvement in financial performance • 25%
No improvement in financial performance • 25%
Decline in financial performance • 25%
Major acquisition • 25%
Significant restructuring • 25%
New product launch • 25%
No major strategic move • 25%
