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Boeing’s Next Crisis: Aerospace Workers Demanding 40% Pay Raise
- Machinists inspired by auto workers, Hollywood seek 40% raise
- Labor chief doesn’t want strike, ‘but we’re willing to do it’
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Boeing Co. executives have spent the past month grappling with the aftermath of a near-catastrophe on an airborne 737 Max jet. As the US planemaker works through its latest crisis tied to manufacturing lapses, a new risk looms: a labor rift 10 years in the making.
Boeing’s largest union, the International Association of Machinists and Aerospace Workers, is still smarting over a 2014 deal that sacrificed pensions, locked in minimal raises and tied the hands of activists for a decade. Union leaders will demand a 40% pay raise over three or four years, emboldened by a resurgent US labor movement, a scarcity of qualified aerospace workers and pressure on Boeing to stabilize work in its factories.