After strikers' healthcare benefits were cut off, the president of the International Association of Machinists (IAM) and Aerospace Workers said Boeing's new leader must be 'truly involved' in reaching a settlement.

Boeing’s 2024 labor strike continues as the company and a key union didn’t make any progress negotiating on Friday. Retirement benefits are a sticking point.

Boeing's union has the aerospace company over a barrel. Boeing can afford to raise wages but only at the cost of a big cut in profits.

A massive Boeing machinist strike had entered its third week, and nearly 33,000 workers have lost their health insurance.

Boeing's (NYSE:BA) biggest union said after the aviation giant cut off the health benefits of 33,000 striking workers that new Chief Executive Kelly Ortberg should be engaged in contract negotiations that would end the work stoppage.

Boeing's largest union on Tuesday urged new CEO Kelly Ortberg to get more involved in contract negotiations to end a strike by around 33,000 U.S. West Coast workers, after the U.S. planemaker cut off their healthcare benefits.

Boeing’s striking union called on CEO Kelly Ortberg to get more involved in ongoing contract negotiations as the strike enters its third week.

In August, the former Rockwell Collins executive took over Boeing, which has been hit by several crises this year, including a walkout that has hobbled the production of its best-selling 737 MAX jets.