Boeing makes a new offer to increase wages by 38% for striking workers

As well as the proposed pay rise, the latest proposal includes a $12,000 (£9,304) bonus for workers if an agreement is reached, up from $7,000 in the previous proposal.

“It’s time for our members to build on these gains and confidently claim victory,” IAM said on social media.

“We believe that asking members to continue the strike any longer would be wrong as we have had so much success.”

“We encourage all of our employees to learn more about the improved proposal and vote on Monday, November 4,” Boeing said in a statement.

Boeing shares rose 2.7% in after-hours trading in New York after the news was announced.