A regional district of the International Association of Machinists and Aerospace Workers said late Friday that Boeing “would not engage substantively” on a demand for higher pay.

The International Association of Machinists (IAM) union strike against Boeing is expected to result in a $1.05 billion loss for

On Wednesday, the company responded to the strike with furloughs of tens of thousands of white-collar workers to cut costs and avoid a cut to its credit rating, the Wall Street Journal reported. CEO Kelly Ortberg wrote in a memo to staff the furloughs will continue for one week out of four until the strike concludes.

On Thursday, September 12, over 33,000 Boeing employees, represented by the International Association of Machinists and Aerospace Workers Local 751, voted resoundingly to reject a tentative agreement (TA) and strike for a new contract.

Boeing and machinists’ union IAM will start “mediated negotiations” in a bid to settle strike action that began two weeks ago.

As local unionized Boeing machinists embark on the third week of the strike, we thought we’d take a second to understand how we got here, and what the machinists hope for moving forward. In this saga we have exploding planes,

Boeing's machinists "overwhelmingly" view the company's latest contract offer as insufficient, and the union has seemingly dug in its heals, suggesting no imminent end to a walkout now entering a 13th day.

Boeing has extended the deadline to vote on its “best and final contract offer” after it was overwhelmingly rejected by machinists' union members.

The union representing Boeing factory workers said contract talks 'broke off' with the company after their latest bargaining session

The union representing thousands of striking Boeing machinists said on Wednesday it will meet on Friday with the planemaker and the Federal Mediation and Conciliation Services to continue contract negotiations.

The union representing thousands of striking Boeing U.S. factory workers said late on Tuesday a survey showed members were overwhelmingly against the planemaker's latest pay proposal, which it described as its "best and final".