June 2021 Aero Mechanic newspaper is available online.
COLA Formula Generates 29¢ Effective June 11, 2021
Effective June 11th, 2021, a 29¢ cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 29¢ was generated for the quarter February, March and April 2021. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index.
COLA is permanently rolled into a member’s base rate each September. The value of our quarterly COLA, even when it is only a few pennies, has a significant impact on our maximum rates over time. As of March 2021, $17.08 of the maximum rates is the result of COLA payments being folded into our base rates.
For a YouTube video Doodly explanation of the math, click here
https://www.youtube.com/watch?v=TiMFMr_6QfA
May 2021 Aero Mechanic is available online
April 2021 Aero Mechanic is available online.
YouTube video links to two Town Hall Sessions Dec. 15th regarding: New Airplane Program, Layoffs, 787 and Contract
4PM Session - https://youtu.be/sxVCg-bxdsc and the 11 am session - https://youtu.be/C8uO37XDaHw
The Dec 2020/Jan 2021 Aero Mechanic paper is available online.
View Aerospace Analysts Panel - District 751 was proud to be the Zoom webinar host on Dec. 8th for The Future of Boeing and U.S. Aerospace Independent Aerospace Analysts Panel featuring Richard Aboulafia, Ron Epstein and Kevin Michael, which was moderated by Glenn Farley. The focus of the discussion was on future dynamics, from the independent analysts’ perspectives, for The Boeing Company and U.S. aerospace more broadly.
Here is a link to the panel telecast from Dec. 8th courtesy of TVW: https://www.tvw.org/watch/?clientID=9375922947&eventID=2020121098
We are also attaching the slides that Richard Aboulafia discussed, as well as the 2019 Aerospace Competitiveness Economics Study (ACES) that is referenced in the panel discussion.
Thanks again for your interest in this event.
Nov. 16, 2020 - Effective Dec. 11, 2020, a 17 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 17 cents was generated for the quarter August, September, and October 2020. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index. Click here to view a video showing the math on how to calculate COLA under the IAM-Boeing Contract
Oct. 15, 2020 - Thanks to all the members who took part in Local A and Local F elections. This was our first all mail-in ballot due to COVID. Ballots were counted today at the Seattle Union Hall. Pdfs below show voting results. Winners are in red and bold with the percentage of votes they received against total votes cast in that local. Members voting didn’t necessarily vote for all available positions, which is why no position received 100% of the votes. If you have any questions, please contact District Secretary-Treasurer Susan Palmer at 206-764-0310.
/vote2020/2020/Local_A_Final_Results.pdf
/vote2020/2020/Local_F_Final_Results.pdf
Oct. 1, 2020 - Boeing Decision to Consolidate 787 Production is Wrong
Click here for District 751 President Jon Holden's statement on the decision
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