Boeing suffers further blow ahead of results as satellite explodes in space
Boeing suffers further blow ahead of results as satellite explodes in space
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Boeing faces reputational damage after the loss of the iS-33e satellite, amid ongoing challenges including a significant expected loss in Q3 and a strike by machinists. New CEO Kelly Ortberg is under pressure to resolve the strike and improve Boeing's safety culture while managing layoffs and financial instability. Workers are protesting against pension changes and demanding higher pay, with a vote on the company's proposal imminent.
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