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Boeing engineers approve new contract with 10% raises, averting strike amid aircraft approval process

Market News
01 Oct 2026
CNBC
View Source
Bullish
Boeing engineers approve new contract with 10% raises, averting strike amid aircraft approval process

Boeing's engineers and technical workers, represented by the Society of Professional Engineering Employees in Aerospace, approved a new four-year contract that includes immediate 10% salary increases. This agreement came after workers rejected an earlier offer, prompting Boeing to sweeten its proposal. The contract approval helps Boeing avoid a potential strike as the company seeks federal approval for new aircraft models. The union represents about 17,000 white-collar workers, making it Boeing's largest white-collar union.

Following the approval of a new contract by Boeing's engineers and technical workers, Boeing's stock shows positive momentum on Pluang. As of Oct 02, 2026 02:51 WIB, BA trades at USD 193.73, up 4.13% in one day. The stock's market cap stands at $147.05 billion, with a dividend yield of 0.03%, and Pluang investors show strong buying interest with 70% buy orders.

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