A strike threat timed to the World Cup gave hotel workers maximum leverage. Every hotel union negotiator in other major cities will see this deal the new national labor benchmark.
After years of thorny negotiations, United flight attendants ratified a new five-year contract that will give them significant raises and boarding pay. And even with high fuel costs, airlines don’t expect those record contracts to change.
The tentative agreement ends years of heated talks between flight attendants and United management. Just last year, flight attendants voted overwhelmingly to authorize a strike.
Agreement after a 53-day strike is good news for Boeing and its airline customers, but don't expect the planemaker's problems to disappear overnight. This will be a long-haul recovery.
Even if the union ratifies the new contract, Boeing still has to confront a slew of issues with its aircraft programs that have led to delays and production slowdowns.