IAM sets 13 November vote for 777X assembly in Seattle area

Washington DC
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Boeing’s largest union will vote on 13 November to accept or reject a package of benefits concessions in return for securing the rights to assemble the wings and fuselage of the 777X family.

The date was set by the International Association of Machinists and Aerospace Workers (IAM) District 751 hours after union leaders agreed on 5 November to submit a potential deal to members for a vote.

Boeing is proposing to freeze accruals to the company-funded pension plan and transition employees to a defined contribution scheme called a 401(k) account.

The IAM also must vote on whether to accept concessions on health care benefits.

Boeing also is demanding that union members accept a general wage increase plan with four, 1% raises scheduled over 10 years, although the agreement keeps the current formula for cost of living adjustments.

All union members will receive a $10,000 signing bonus if the contract is ratified by a majority vote.

The vote is scheduled to resolve the lingering question of where the 777X family will be made only a few days before the start of the Dubai Air Show, where Boeing is likely to launch the new programme with major orders from Middle East and Asian carriers.