Boeing engineers and technical workers approved a four-year contract with 10% immediate raises and annual 4% increases, avoiding a strike as the company seeks federal approval for new aircraft and aims to boost production.
The FAA has delayed certification of Boeing's 737 Max 10 due to a software glitch affecting landing procedures, with the agency assessing whether it poses a safety risk. Boeing discovered the issue last month in a vertical navigation system that could increase pilot workload during missed approaches, though pilots retain full control. The delay marks another setback for the aircraft manufacturer, whose stock fell nearly 7% following the announcement.