Canadian Airbus A220 jet workers reject second company offer

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Canadian Airbus A220 jet workers reject second company offer

© Reuters. FILE PHOTO: Logos of Airbus are seen at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. REUTERS/Sarah MeyssonnierMONTREAL -Canadian Airbus A220 assembly workers on Sunday rejected a second company offer, raising concerns over production of the money-losing jet.

The International Association of Machinists and Aerospace Workers union, which wants higher wages and better conditions for the workers at the Airbus facility in Mirabel, Quebec, said 99% of the workers who voted rejected the offer.Airbus said it was committed to securing a negotiated agreement. Productivity has slipped due to pressure tactics by the union as it pursues a new deal and also due to supply-chain snags.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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