Boeing Faces New Crisis as Strike Threatens Production Amid Mounting Losses

For Boeing, a company already reeling from $33 billion in losses since 2019, a production-halting strike couldn’t come at a worse time. The aerospace giant, burdened with soaring debt and a declining credit rating, now faces the uncertainty of how long the strike will last—and how deep the financial wounds will go.

If the strike ends quickly, Boeing may escape with minimal damage, though the disruption will still be felt. However, if history is any indication, a prolonged work stoppage could be disastrous. The company’s last major strike in 2008 cost it $1.2 billion, and this latest unrest could deliver a similar, or worse, blow if it drags on for months. For a company struggling to regain its footing, this strike is another perilous chapter in Boeing’s ongoing saga of financial instability.