Boeing’s US west coast factory workers have accepted a new contract offer, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled aircraft manufacturer.

The workers’ union said on Monday that members voted 59% in favour of the new contract, which includes a 38% pay rise spread over four years ...

[...]

The company had initially offered a pay rise of 25%. The workers had demanded a 40% wage increase and the restoration of a defined-benefit pension they lost a decade ago for a less generous 401(k) retirement plan.

[...]