Boeing boss Kelly Ortberg has warned the company is at a "crossroads" after losses at the aerospace giant surged to roughly $6bn (£4.6bn). Mr Ortbeg, who took over as chief executive in August, said he was working "feverishly" to stabilise the firm,

Tens of thousands of Boeing machinists on Wednesday will vote on a new contract proposal that could end a weekslong work stoppage against the embattled aerospace company. Workers overwhelmingly rejected a previous offer last month,

The jet maker posted its biggest quarterly loss since 2020. CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.

Boeing workers are voting Wednesday on a new contract to end a six week strike that has cost the company billions. The four-year deal includes a 35% pay hike, a signing bonus and improved health and retirement benefits.

Workers picketing on Monday (October 21) near Boeing's 737 factory outside Seattle, Washington, were pessimistic about the company's contract proposal ahead of Wednesday's vote. The new contract proposal announced on Saturday includes a 35% pay hike over four years,