Boeing's Lifeline: Spirit AeroSystems Secures $350 Million
Boeing provides Spirit AeroSystems with $350 million in advance payments to support the cash-strapped supplier amidst financial and production challenges. Spirit continues to face cash burn and inventory issues while working with customers to stabilize its operations.
That includes restarting production in the Seattle area and giving money to Spirit AeroSystems ... in which a door plug on a 737 Max blew out in midair. The incident shed light on Boeing's ...
Spirit AeroSystems ... at Boeing, the takeover premium has widened. We have fairly high confidence in 737 MAX deliveries steadying and resuming their pre-2019 growth trajectory over the ...
Kelly Ortberg talked Spirit AeroSystems at multiple points during an earnings call with analysts — his first since becoming Boeing CEO ... involving a 737 Max 9 door-plug panel.
Boeing is juggling its space crisis with several others that are impacting its core commercial airliner business. In the aftermath of the 737 Max door ... to acquire Spirit AeroSystems, a ...
Spirit AeroSystems has told employees that it will furlough 700 workers for 21 days as a more than one-month strike at United States-based plane maker Boeing eats into the supplier’s cash and ...
(Reuters) -Spirit ... over the last six years, including a 737 MAX safety grounding after two fatal crashes, the global pandemic, and a quality crisis since the blowout of a door plug in ...
(Reuters) -Striking machinists at Boeing will vote Wednesday on a new contract proposal that includes a 35% pay hike over four ... since a door panel flew off a new 737 MAX 9 jet in midair ...
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