Boeing's machinists' union members will vote on a new contract proposal on Monday that offers a 38% pay increase over the course of the contract but still does not include the pension change the union had demanded.

Boeing’s machinists ratified a new labor deal, ending a paralyzing strike after nearly eight weeks and clearing the way for the plane maker to restart its factories.Workers voted in favor of a contract that delivers a 38% wage increase over the life of the four-year deal for 33,

Tens of thousands of striking Boeing machinists voted Monday to ratify a new contract, ending their seven-week work stoppage.

The union representing tens of thousands of striking Boeing machinists has endorsed the U.S. aerospace company's latest contract proposal.

Unionized factory workers at Boeing are voting on Monday whether to accept a contract offer or to continue their strike

A vote to ratify the contract would clear the way for the aerospace giant to resume airplane production and bring in much-needed cash.

Boeing workers will vote on a third contract agreement on Monday that could end a seven-week strike that has halted production at the troubled planemaker. Results are expected late on Monday and workers could return to work as early as Wednesday following the approval of the new contract.