Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Boeing Statement on IAM Contract Extension Vote

BA

SEATTLE, Nov. 14, 2013 /PRNewswire/ -- Boeing Commercial Airplanes (NYSE: BA) has issued a statement from President and CEO Ray Conner after a long-term contract extension was voted down by the International Association of Machinists & Aerospace Workers District 751.

"We are very disappointed in the outcome of the union vote. Our goal was two-fold: to enable the 777X and its new composite wing to be produced in Puget Sound and to create a competitive structure to ensure that we continue market-leading pay, health care and retirement benefits while preserving jobs and our industrial base here in the region. But without the terms of this contract extension, we're left with no choice but to open the process competitively and pursue all options for the 777X.

I'd like to thank Governor Jay Inslee and the Washington state legislature for all their efforts in this process. We had hoped for a different outcome."

Contact:
Doug Alder
Boeing Communications
206-544-1814
doug.alder-jr@boeing.com

SOURCE Boeing



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today