Boeing reported a massive third-quarter loss of more than $6 billion as the aircraft maker was hit by a strike and billions of dollars in charges related to its commercial and defense aircraft programs.

Boeing’s loss comes as the company struggles to recover from manufacturing problems and multiple federal investigations following a mid-air accident. panel burst in January. And in September, 33,000 of its machinists went on strike after failing to agree on a contract, closing assembly plants in the Seattle area.

In August, the company brought Kelly Ortberga veteran aerospace executive, as the new CEO with a mandate to solve Boeing’s safety and manufacturing problems. Ortberg, who announced earlier this month job cuts of 10% of the company’s workforce of 17,000 employees wrote Wednesday in remarks he will deliver to investors later in the day that Boeing is “at a crossroads.”

“Trust in our company has eroded,” he wrote. “We have experienced serious shortcomings in our performance across the business, which has disappointed many of our customers.”

Boeing won’t be able to produce new 737s until it ends a five-week strike by 33,000 machinists. In his remarks, Ortberg wrote that one of his main goals was to end the strike.

On Wednesday evening, the International Association of Machinists and Aerospace Workers will reveal whether the strikers are ready to return to work. Union members in the Seattle area and beyond I will vote on an offer from Boeing that includes salary increases of 35% over four years, ratification bonuses of $7,000 and the continuation of performance bonuses that Boeing wanted to eliminate.

“I am hopeful that the package we have proposed will allow our employees to return to work so that we can immediately focus on restoring the business,” Ortberg wrote. “Once we return, we have the task of restarting the factories and the supply chain.”

On a per-share basis, Boeing lost $9.97 for the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts surveyed by Zacks Investment Research had expected a loss of $10.34 per share.

Revenue totaled $17.84 billion, matching Wall Street estimates.

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