Final Offer Issued; Boeing to bypass IAM leadership

Boeing just posted its Best and Final Offer to the IAM in the contract negotiations, and it’s going to bypass the IAM leadership and take the offer directly to the IAM membership for approval. The vote is September 3.

Here is the 7-page offer.

Here is a 14-minute podcast with the aerospace reporter from The Seattle Times, Dominic Gates, completed just before noon PDT today, immediately prior to the Boeing offer being posted. His insights are particularly noteworthy.

Update, 06:40 AM PDT, Aug. 29: Here are early news stories, with some IAM reaction to Boeing’s “best-and-final” offer.”

First, from the local Puget Sound area press:

Seattle Times: Early reaction negative.

Seatt Post-Intelligencer: A good piece with an overview of the situation.

The Everett Herald, also with a recap.

From national media:

Business Week: 787 cost overruns of $2bn may have influenced Boeing’s offer to IAM.

Bloomberg News: IAM reviewing offer line-by-line.

The IAM’s first reaction–posted at 2 in the morning August 29–may be found on the IAM website here. A full IAM recap and recommendation appears to be coming Saturday. A summary is expected late Friday (today).

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