Boeing's first strike in 16 years began on September 13, 2024, as over 30,000 machinists in Washington and Oregon walked off the job after rejecting a proposed contract that included a 25% wage increase over four years. The strike halts production of the 737 Max and affects other programs, such as the KC-46 refueling tanker, raising concerns about exacerbating existing global jetliner shortages and increasing airfares. Boeing's CFO, Brian West, warned that a prolonged strike could jeopardize the company's recovery and worsen its already significant debt of nearly $60 billion. The union, representing workers who demanded a 40% pay hike, expressed frustration with the rejected contract and emphasized the fight for their future. This disruption follows a series of setbacks for Boeing, including production delays due to quality improvements after a January incident involving a 737 Max. Analysts predict that the strike will further compound Boeing’s existing backlog, with significant financial implications if it extends for an extended period.