IIPM-BUSINESS AND ECONOMY
Chicago-based US aviation giant, Boeing, has entered into a threeyear deal with workers,to put an end to a strike spanning over three weeks. The agreement was reached after the world’s largest aircraft maker pledged to lift pension payments and do away with plans to bring about changes in its healthcare program, like limiting workers’ healthcare cover. Boeing union leaders had earlier deemed the previous contract “insulting.”
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Source:IIPM-Editorial,2006
