Boeing withdraws offer to striking union

Stephanie Pope, CEO of Boeing Commercial Airplanes, said in a statement: “Our leadership team has been doing all we can to find common ground with the union. We just concluded a third round of bargaining with a federal mediator, which included two days of negotiations this week. Our team bargained in good faith and made new and improved proposals to try to reach a compromise, including increases in take-home pay and retirement. Unfortunately, the union did not seriously consider our proposals. Instead, the union made non-negotiable demands far in excess of what can be accepted if we are to remain competitive as a business. Given that position, further negotiations do not make sense at this point and our offer has been withdrawn. This is a disappointing outcome and not one we wanted. We remain committed to finding a resolution and will work with the union when they are ready to bargain an agreement that recognizes our employees and preserves our company’s future.”