59% of Union workers approved a new contract that calls for 38% raises over the next 4 years, ending a strike for the nations largest plane manufacturer.
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00:00As millions of Americans vote on our next president, tens of thousands of Boeing workers
00:05voted to return to work.
00:07Fifty-nine percent of union workers approved a new contract that calls for 38 percent raises
00:12over the next four years, ending a strike for the nation's largest plane manufacturer
00:18that lasted 53 days.
00:21New CEO Kelly Ortberg said in a statement, quote, while the past few months have been
00:25difficult, for all of us, we are all part of the same team.
00:29There is much work ahead to return to the excellence that made Boeing an iconic company.
00:35Boeing's stock is down nearly 40 percent this year.
00:39The strike estimates cost Boeing more than $6 billion in the U.S. economy, more than
00:45$11 billion.