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November 02, 2024

Union Endorses 38% Wage Increase Offer From Boeing

Other Provisions Included, Vote Set For November 4

Workers on strike at Boeing will vote on Monday October 4 on the latest offer from the company. The union representing the workers has endorsed the contract and hopes are high for an approval, but it depends on the workers affirming it in the vote. The provisions represent an improvement over the previous offer, including a 38% wage hike over 4 years, a larger bonus of $12,000 for ratifying the contract, and improvements to retirement plans. The International Association of Machinists and Aerospace Workers (IAM) told the workers it had extracted all it could from the company.

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LATAM Airlines Confirms Order for 10 New Dreamliners

Expands Carrier’s Boeing 787 Widebody Fleet to 52 by 2030

Boeing recently announced an order by LATAM Airlines Group for 10 new 787 Dreamliner widebody jets. The carrier will have the option to purchase five additional 787-9s. The airline’s 787 fleet will reach 52 aircraft by 2030, allowing it to support new nonstop long-haul routes. The fleet expansion confirms LATAM’s position as the largest 787 operator in South America. The airline’s 787 fleet will reach 52 aircraft by 2030, allowing it to support new nonstop long-haul routes. LATAM currently has 37 787-8 and 787-9 widebody jets in service.

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