Boeing is reportedly planning to raise more than $15 billion in capital, the media reported. The manufacturer has been considering the launch of the initiative since Monday.

Citing sources familiar with the matter, Reuters reported that this new capital will come from a combination of the sale of shares and convertible preferred shares. The total amount raised in the round could also increase based on demand.

Boeing in particular has taken a few hits recently as its machinists continue to strike for more than a month. The strike includes more than 33,000 company workers and has led to a delay in the company’s production of its famous 737 MAX jet, along with other wide-body craft such as the 767 and 777.

Last week, the machinists voted almost two to one to again reject the company’s latest offer to end the strike. Boeing, in its exchange filings earlier this month, said it could raise up to $25 billion in stock and debt.

In addition, media reports emerged last week stating that the company also plans to divest certain sections of its space business. A Wall Street Journal report said Boeing is considering offloading the Starliner spacecraft and divisions that provide support to the International Space Station.

Read also: Boeing is considering selling parts of its space operations, including the Starliner, a report says

Earlier, CEO Kelly Ortberg, in a call with analysts, said the company needs to do fewer things, but do them more efficiently. The executive said it would take some time for the company to make changes as its quarterly losses widened to $6 billion.

“This is a big ship that will take some time to turn around, but when it does, it has the ability to be great again,” Ortberg noted. The executive also called for a “fundamental culture change” at the manufacturer and called for improved performance in the defense business and the 737 MAX and 777 programs.