Boeing wage talks break off without progress to end strike, union says By Reuters

(Reuters) – The International Association of Machinists and Aerospace Workers (IAM) said late on Friday that its talks on a pay deal with Boeing (NYSE:) have stalled, and that there are no further dates scheduled for negotiations at this time.

“We are open to talks with the company, either directly or through mediation,” IAM said in a post on X.

A company spokesperson said in an email that Boeing remains committed to recalibrating its relationship with its representative employees and wants to “reach an agreement as soon as possible.” “We are ready to meet at any time.”

More than 32,000 Boeing workers in the Seattle area and Portland, Oregon, left their jobs on September 13 in the union’s first strike since 2008, halting production of aircraft models including Boeing’s best-selling 737 MAX.

The union is seeking a 40% pay increase and the restoration of a defined-benefit pension that was taken away a decade ago.

Boeing made an improved offer to striking workers on Monday that it described as “best and last,” which would give workers a 30% raise over four years and restore a performance bonus, but the union said a survey of its members found that was not enough.

BoeingbreakprogressReutersstriketalksunionwage