The damaging walkout by around 30,000 unionised Boeing workers started on 13 September.

The union representing more than 30,000 striking workers endorsed the offer and will hold a ballot on Monday.

Earlier, Boeing's boss warned the firm was at a "crossroads" as losses surged to roughly $6bn.

The "total loss" of the communications satellite has affected Intelsat customers around the world.

About 33,000 unionised workers, mostly in Seattle, will decide this coming week whether to accept the deal.

The firm aims to secure the new funding as a walkout by more than 30,000 workers enters its second month.

The company says all jobs are at risk as it cuts 10% of its workforce.

The aviation giant accused the union of not giving its proposals serious consideration.