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Strategies & Market Trends : ahhaha's ahs

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From: ahhaha11/14/2013 7:47:16 AM
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Uh oh. BA has repeatedly warned that they'd take production offshore if the union failed to ratify.

BA Boeing issues statement on the rejected IAM Contract extension vote (133.17 ) (Briefings)

Co issues a statement after a long-term contract extension was voted down by the International Association of Machinists & Aerospace Workers District 751.

"We are very disappointed in the outcome of the union vote. Our goal was two-fold: to enable the 777X and its new composite wing to be produced in Puget Sound and to create a competitive structure to ensure that we continue market-leading pay, health care and retirement benefits while preserving jobs and our industrial base here in the region. But without the terms of this contract extension, we're left with no choice but to open the process competitively and pursue all options for the 777X..."
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