Union leaders from the International Association of Machinists and Aerospace Workers have introduced a new contract proposal aimed at concluding a protracted strike by Boeing Machinists in Everett, which is now approaching its eighth week. The proposal includes a notable wage increase of 38% over the next four years and a significantly higher ratification bonus of $12,000 compared to the previous offer of $7,000. The union encourages its members to approve the proposal, stating, 'It is time for our members to lock in these gains and confidently declare victory. ' A crucial vote is scheduled for Monday, where a simple majority of yes votes will be necessary to end the strike, which has already inflicted around $5. 5 billion in losses on Boeing.

Trevor Knightley, an electrical installer at the Everett plant, believes the offer could be favorable, although he remains unsure of the overall sentiment among workers. Additionally, the company has committed to building its next new airplane in the region, although specifics on the plant location were not disclosed. The latest proposal also addresses workers' retirement plans, a significant concern for many employees following previous concessions. With ongoing negotiations and federal assistance involved, the outcome of this proposal could reshape the future for Boeing and its workforce in Everett.