Boeing, hanging union to proceed negotiations on Tuesday By Reuters

(Reuters) -Boeing and its largest union mentioned they might proceed contract talks on Tuesday, as either side search an settlement to finish a strike by round 33,000 U.S. West Coast manufacturing facility employees.

The corporate and the union, whose members have been on strike for 25 days, had resumed contract talks on Monday within the presence of federal mediators.

“Although we met with Boeing (NYSE:) and federal mediators all day, there was no meaningful movement to report. We will be back at it tomorrow,” The Worldwide Affiliation of Machinists and Aerospace Employees mentioned late on Monday.

Boeing additionally confirmed mediation would proceed on Tuesday.

The union is in search of a 40% pay rise over 4 years and the restoration of a defined-benefit pension that was taken away within the contract a decade in the past.

Boeing made an improved supply final month that it described as its “best and final”, which might give employees a 30% elevate and restore a efficiency bonus, however the union mentioned a survey of its members discovered that was not sufficient.

The strike has halted manufacturing of Boeing’s best-selling 737 MAX jet, together with its 777 and 767 widebody planes. The MAX is a key revenue-driver for the corporate at a time when it’s scuffling with weak margins in its protection enterprise.