7 things to know about a potential Boeing strike

Boeing is navigating critical contract negotiations with IAM District 751, as the risk of a strike looms. With $45 billion in debt and no profits since 2019, the stakes are high for both parties. The union is leveraging its position, demanding commitments for new aircraft production in Seattle, wage increases of up to 40%, and improved benefits. The last major negotiation in 2008 led to a 58-day strike, highlighting the potential impact of labor actions. Analysts believe that while the union's demands may increase costs, Boeing could offset these through ramped-up production of 737 jets.

A dual vote is scheduled for union members to accept or reject Boeing's final offer, making the outcome critical for the union's 33,000 members and Boeing's production stability.