| Re: Boeing ceases jetliner production |
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Group: aus.aviation · Group Profile
Author: NedNed Date: Sep 8, 2008 04:18
David Bennetts wrote:
> "Ned" aioe.org> wrote in message news:g9t57m$ck4$1@aioe.org...
>> At 12:01 PDT Saturday.
>>
>> Resulting from Machinists strike - estimated to cost $1M/day in deferred
>> revenue.
>
>> Will impact especially the Dreamliner schedule and V-Australia's Triple
>> 7 now on the production line at Everett.
>>
>> This strike may last for some considerable time IMHO.
I'm not so sure - we'll see.
> - the workers want 13%% and the company are
> offering 11%% over 3 years.
It is not as simple as that at all.
There are other significant factors such as Boeing's right to outsource
and offshore jobs, healthcare contributions, bonuses, leave entitlements
etc.
> The company are losing $100 million a day, so there's an incentive for them
> to negotiate a settlement quickly.
>
By "them" I guess you mean Boeing - it takes two to tango.
> It's a feature of the US industrial relations system, often a temptuous
> situation occurs when contracts are due for renewal, then it settles down
> for a further two or three years until the next renewal.
>
There have been three strikes over the last 5 or 6 contracts - the
shortest was 28 days, the longest 69 days.
Cheers
Ned
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