NEWS Desk Global
BOEING SHARES RISE ON HOPES OF WORKERS AGREEING TO NEW WAGE OFFER
Boeing shares rose 3.9% on Friday, as some analysts expressed optimism that the U.S. planemaker's latest pay offer to end a damaging strike by about 33,000 workers will muster enough support on Monday.
The proposal boosts wages by 38% over four years, sweetening an earlier 35% offer, and adds a $12,000 ratification bonus, even though Boeing did not meet workers' demand for a return to a defined-benefit pension. Boeing workers are set to vote on Monday after rejecting two previous offers.
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