Boeing is on the brink of a potential strike as 33,000 aircraft assembly workers, primarily in the Seattle region, are set to vote on a contract offer that includes a 25% pay raise over four years. The International Association of Machinists and Aerospace Workers members will decide whether to accept the deal, with the possibility of a strike looming if two-thirds of them reject the contract offer. If a strike is approved, production of Boeing’s popular planes would be brought to a halt.

The impact of a strike would not result in flight cancellations or directly influence airline passengers, but it could deal another blow to Boeing’s already troubled reputation and finances. The company, facing challenges in its airplane, defense, and space operations, has made efforts to prevent a strike. Boeing’s CEO, Kelly Ortberg, emphasized the negative consequences of a potential walkout, urging for cooperation to steer the company back on track amidst a challenging period.

Despite the bargaining committee’s recommendation for contract ratification, there is a prevailing sentiment among workers that they may vote for a strike. The decision will be made through voting at various union halls, with results expected to be disclosed Thursday night. If the strike ensues, it would impact the production of essential Boeing planes like the 737 Max, 777, and 767 at facilities in Washington state.

An aerospace analyst anticipates that a strike could extend into mid-November, resulting in significant financial losses for Boeing. The potential cost of such a labor stoppage is estimated to reach up to $3.5 billion in cash flow. Despite the union negotiators urging workers to accept the tentative contract, some members remain dissatisfied with the deal, having concerns related to previous concessions on pensions, healthcare, and wages.

Boeing’s promise to build its next aircraft in the Puget Sound area was a significant point in the negotiations, securing a future production locale for the company. However, the agreed-upon contract fell short of the union’s initial demands for pay increases and pension restorations. With past controversies surrounding Boeing’s product safety following the 737 Max crashes, reaching an agreement is critical for both the company and its workers.