Striking workers at embattled plane maker Boeing voted Monday to accept the company’s most recent offer, ending the costliest strike in the United States in more than 25 years. The International Association of Machinists (IAM) said rank-and-file members voted by 59% to approve the deal.

Boeing's strike that began in mid-September "has ended" after 59% of workers voted on Monday night to ratify a new contract, the union announced. Why it matters: The walkout of thousands of machinists crippled Boeing's production in a year when the aerospace giant's reputation was already wounded amid high-profile quality and safety issues.