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Unifor Members Persist With Bombardier Strike After Rejecting Final Offer

Published 26/06/2024, 19:50
© Reuters.  Unifor Members Persist With Bombardier Strike After Rejecting Final Offer
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Benzinga - by Nabaparna Bhattacharya, Benzinga Editor.

Unifor, the Canadian workers’ union, announced that its members at Bombardier Inc. (OTC:BDRXF) (OTC:BOMBF) will persist with their strike following the business-jet manufacturer’s rejection of what it termed a final offer.

“Both the union and the company will remain at the bargaining table and further updates on negotiations will be provided at the appropriate time,” Unifor said in a statement.

The union expressed caution as both parties remain apart on certain “key union priorities.”

“However, specific details of the negotiations will not be made public to protect the integrity of the bargaining process,” Unifor added.

Union locals 112 and 673 initiated the strike at the company after negotiations failed to yield an agreement by June 22nd.

Reuters reported that the 1,350 workers from these units manufacture Bombardier’s long-range Global series aircraft at the Pearson International Airport facility in Toronto.

Yesterday, the union characterized the company’s offer as “insufficient,” noting significant differences in key union priorities, Reuters added.

Mark Masluch, a spokesperson for Bombardier, told CBC News that the collective goal is to “swiftly reach a mutually beneficial agreement.”

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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