Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13.

Boeing factory workers held a large rally in Seattle to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.

Depending on whom you ask, Boeing is losing anywhere from $1 billion per week (says The Washington Post) to $1 billion per month (says CNBC) as this strike drags on. Prior guesses have ranged as high as $100 million to $150 million per day (which works out to $3 billion to $4.5 billion per month).

(Reuters) -Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming debt maturities. The company's shares rose 2% before the bell.

Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists around Seattle and Portland, Ore., to resolve the labor dispute. Around 33,

Boeing must hold out against a strike by 33,000 workers even if it means aircraft deliveries are held up by several months, Ryanair boss Michael O’leary said. Mr O’Leary said he backed Boeing chief Kelly Ortberg’s decision to abandon talks after the machinists union rejected a sweetened 30pc pay offer.

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