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Illuminem summarizes for you the essential news of the day. Read the full piece on Reuters or enjoy below:
🗞️ Driving the news: Montreal-area Safran workers will begin an unlimited general strike on Tuesday over pay disputes
• The workers produce landing gear components for Airbus and Boeing jets
• Union President Michael Durand mentioned the walkout is a bid to secure better wages
🔭 The context: This strike comes as aerospace manufacturers face supply chain challenges due to parts shortages
• Safran workers, represented by the Confederation des syndicats nationaux, are demanding a 22% wage increase over three years, while the company has offered a 14% raise
🌍 Why it matters for the planet: The strike could exacerbate supply chain issues in the aerospace industry, potentially leading to delays in aircraft production
• These delays can impact the timely delivery of more fuel-efficient aircraft, indirectly affecting the industry's carbon footprint
⏭️ What's next: Safran is expected to present a new offer to the union on Tuesday
• The outcome of these negotiations will determine the duration and impact of the strike
💬 One quote: "This strike is our way of catching up on pay," said union local President Michael Durand
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