Lumberton
Topic Author
Posts: 4176
Joined: Fri Jul 29, 2005 7:34 am

Boeing Strike Settlement Monday?

Mon Sep 26, 2005 2:49 am

Business Week is reporting a possible announcement for Monday on a tentative settlement agreement.

http://www.businessweek.com/bwdaily/.../sep2005/nf20050925_6624_db016.htm
"When all is said and done, more will be said than done".
 
kappel
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 3:07 am

Good news. Can they catch up on some of the delayed deliveries? But it seems that after the labour agreement ends in 3 years they're back to square one, seeing as how the machinists won't get a pay increase after the 3 years in wich they will receive the bonuses.
L1011,733,734,73G,738,743,744,752,763,772,77W,DC855,DC863,DC930,DC950,MD11,MD88,306,319,320,321,343,346,ARJ85,CR7,E195
 
HAJFlyer
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 3:18 am

Well its nice to once in a while see a labour dispute that seems to result in a settlement that could be described as a win-win situation !


OT: Lumberton, did you make it through Rita all right ?
 
Lumberton
Topic Author
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 3:21 am

Quoting HAJFlyer (Reply 2):
Lumberton, did you make it through Rita all right ?

HAJFlyer. Yes, thanks for asking. I'm still a refugee, but hope to return home soon. In the meantime, look at my priorities: surfing a.net!
"When all is said and done, more will be said than done".
 
BCAInfoSys
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 3:33 am

I would LOVE to see this be the case. The article sounds pretty sure of itself, even though every indication we have been given says that this would go on for months. I even personally spoke with a major Boeing sub-division VP last week and he said he expected January-February as the earliest strike resolution timeframe. I would love to be proven wrong the information I provided before! We can only hope and pray that this is true!  pray 

Steve
Militant Agnostic - I don't know and you don't either.
 
searpqx
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 5:57 am

My bad - I didn't see this when I posted.
"The two most common elements in the universe are Hydrogen and stupidity"
 
HAJFlyer
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 6:05 am

Quoting Searpqx (Reply 5):
.

No problem.

It is interesting to see that an alleged amicable stettlement attracts a lot less attention than a strike announcement on a.net.

It seems to me that the more controversial a topic is, the better it does on a.net in terms of numbers of posts.
 
leelaw
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 6:25 am

From WSJ 09-25-05:

"...A person familiar with the situation said that union members are scheduled to vote on the new proposal on Thursday. The tentative agreement was first reported on BusinessWeek's Web site on Sunday."

...The new contract does not provide for a general wage increase, but workers would receive a bonus of 8% based on last year's salary, or about $5,000. They would also receive a $3,000 cash bonus in the second and third years of the contract, bringing the total amount to about $11,000..."
Lex Ancilla Justitiae
 
ZKOJH
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 9:15 am

hope its good news ANZ could do with some right now, along with some planes
Vietnam time..
 
 
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glideslope
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 9:35 am

Quoting Leelaw (Reply 7):
...The new contract does not provide for a general wage increase, but workers would receive a bonus of 8% based on last year's salary, or about $5,000. They would also receive a $3,000 cash bonus in the second and third years of the contract, bringing the total amount to about $11,000..

Before Taxes.  Smile
To know your Enemy, you must become your Enemy.” Sun Tzu
 
gearup
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 9:43 am

Quoting BCAInfoSys (Reply 4):
I would LOVE to see this be the case. The article sounds pretty sure of itself, even though every indication we have been given says that this would go on for months. I even personally spoke with a major Boeing sub-division VP last week and he said he expected January-February as the earliest strike resolution timeframe.

That does not sound so good. Is the expectation then that the machinists will reject whatever offer is on the table? If it does go on into the new year, I hope Boeing has a plan to recover from it quickly. I guess there will be all kinds of overtime when everyone is back at work.

GU
I have no memory of this place.
 
sq212
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 9:59 am

Great news.

http://www.boeing.com/news/releases/2005/q3/nr_050925g.html

Hope 747adv will be launch soon.

Cheers
 
BCAInfoSys
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 10:03 am

Looks like this is really gonna work out. Lets just hope they approve this on Thursday. Thank god common sense prevailed and that this didn't go on for nearly as long as we feared!
Militant Agnostic - I don't know and you don't either.
 
jacobin777
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 10:24 am

Yah...I'm excited about this as a few carriers such as NZ, WN, EK, etc. have already been delayed with their aircraft.....
"Up the Irons!"
 
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ER757
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 10:25 am

Quoting Gearup (Reply 11):
Is the expectation then that the machinists will reject whatever offer is on the table?

The union leadership is recommending that they accept the offer, so I think that's encouraging. I think the membership will vote that way. Will be good to put this behind them and get back to the business of making airplanes!
 
isitsafenow
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RE: Boeing Strike Settlement Monday?

Mon Sep 26, 2005 10:41 am

I hope its over. My son and I will be at SEA Oct 6-9 and take in the "show" at Boeing Field. We also planned to take some photos there. It was looking like the picture shoot was going to be a bust, but this news is now most incourageing.
safe
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