Boeing says it plans to cut thousands of additional jobs over the next few months.
Dave Calhoun, CEO of the US airline, said he hopes that staff numbers will be reduced from 160,000 to 130,000 by the end of 2021.
In a note to staff, he said: “According to the realities of the market, our business units and functions will carefully make staffing decisions to prioritize natural attrition and stability to limit the impact on people and the company.”
“We expect a workforce of around 130,000 employees by the end of 2021. Through this process, we will communicate with you at every stage.”
Boeing reports four consecutive quarterly declines in losses of $466 million (£354 million) for three months starting September 30th.