Boeing reports £4.6bn quarterly loss ahead of vote by union members

Union machinists wave signs next to company’s factory in Everett, Washington (AP)
Union machinists wave signs next to company’s factory in Everett, Washington (AP)

Boeing has reported a massive loss of more than six billion dollars (£4.6 billion) in the third quarter, dragged down by a work stoppage and charges tied to its commercial aircraft and defence programmes.

Wednesday is shaping up as one of the most significant days in a volatile year for Boeing, which will also introduce its new chief executive on his first earnings call, and learn if machinists will end a strike that has crippled the company’s aircraft production for more than a month.

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