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Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labor strike weighed on its commercial plane division and costly problems dragged down its defense and space business.

Striking Boeing workers voted against a 35% pay hike, the machinists union Wednesday night after the Dow Jones aerospace giant reported a big loss earlier.

Workers for plane maker have been on strike for a month, adding woe to the struggling company’s many concerns

US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

A historic round of cost-cutting measures at Boeing has left experts perplexed and wondering whether the aviation giant, plagued by a month-long strike, is sacrificing its future.

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Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.

The aircraft manufacturing giant blamed work stoppages for its spiraling fortunes

US aviation giant Boeing plans to lay off about 10 percent of its workers in the coming months, about 17,000 people, as it projected a large third-quarter loss after a nearly month-long strike by 33,000 of its workers slowed production and caused executives to delay delivery of its 777X jet…

The offer would have resulted in a pay increase by almost a third over four years for 33,000 US staff, according to the aircraft manufacturer

Boeing and its mechanist union held an unproductive round of talks on Monday and Tuesday. Boeing stock falls as the strike continues.