Bombardier's Workers On Key Program Vote On Contract Offer Today: Reuters

Author: Akanksha Bakshi | June 22, 2022 08:07am

• Bombardier Inc (OTC:BDRBF) (OTC:BDRBD) workers on a key program for the Canadian business jet maker will be deciding today whether to accept a new contract offer or walk off the job, reported Reuters.
• According to the letter seen by Reuters, Bombardier had offered its workers on a key jet program a new and final contract that would provide wage raises of up to 18.5 percent over five years.
• Rejection of the above deal would lead to a general strike by the 1,800 workers.
• Companies ranging from Bombardier to several European airlines are experiencing salary issues with employees as inflation rises, adding to cost pressures and discontent as the summer travel season begins.
• Price Action: BDRBD shares closed lower by 9.50% at $18.63 on Tuesday.
• Photo Via Wikimedia Commons

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