Boeing machinists will continue their strike after union members voted against a labor deal that included a 35% wage increase over four years. The rejection means the strike will continue into its sixth week, barring any unforeseen circumstances. 

The strike by Boeing machinists has led the massive aircraft industry corporation to suffer significant financial losses, CNBC reported, and it has been costing Boeing nearly $1 billion a month, the S&P Global Ratings reported. The company reported a loss of $6.1 billion during the third quarter of 2024.