Striking Boeing workers vote on new contract offer as company reports $6B quarterly loss
Boeing workers vote on new contract offer amid ongoing strike
Striking Boeing workers will vote on a new contract offer from the company on Wednesday, as the strike enters its third week.
The offer includes a 5% pay raise over three years, as well as increased retirement benefits.
The union representing the workers has recommended that they reject the offer, and has said that it is "not good enough".
Boeing reports $6B quarterly loss
Boeing reported a $6 billion quarterly loss on Wednesday, as the strike and other factors continue to weigh on the company.
The loss was the company's first since 2016.
Boeing said that the strike has cost the company about $1 billion so far.
The company also said that it is still facing challenges related to the 737 Max grounding, and that it is not yet clear when the plane will be allowed to fly again.
The strike and its impact
The strike began on September 1, after the union and Boeing failed to reach an agreement on a new contract.
The strike has caused major disruptions to Boeing's production, and has led to the cancellation of hundreds of flights.
The strike has also had a significant impact on the local economy, as many businesses that rely on Boeing have been forced to close or lay off workers.
The future of the strike
It is unclear how long the strike will last.
The union has said that it is prepared to strike for as long as it takes to get a fair contract.
Boeing has said that it is committed to reaching an agreement with the union, but that it is not willing to meet all of the union's demands.
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