Boeing, Spirit AeroSystems

Spirit Aero to receive up to $350 million in funding from Boeing
Spirit, which must repay the $350 million in 2026, saw its shares rise 1.2%. Boeing, which plans to buy ... agreed to acquire the supplier, and previous advances from Boeing and rival Airbus (AIR.PA), opens new tab that Spirit has not repaid. Spirit ...
Boeing to pay Spirit AeroSystems up to $350M in advance payments
On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The agreement calls for Spirit to produce Boeing products at the rates required by Boeing.
Boeing close to funding agreement to help Spirit AeroSystems, Reuters reports
Spirit AeroSystems (SPR) and Boeing (BA), which plans to buy its one-time subsidiary, are close to reaching a funding agreement that would give
Exclusive-Boeing close to funding agreement to help supplier Spirit Aero, source says
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.A deal could be announced in the next few days,
Airbus nears funding, payment terms with Spirit AeroSystems- Reuters
Airbus nearing funding agreement with Spirit AeroSystems as Boeing commits to $350 million advance payments pact.
Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. The jet maker said Tuesday that the advance payments are intended to help Spirit address high levels of inventory and lower operational cash flows.
Airbus nears deal on funding, payment terms with Spirit Aero, source says
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said.
Spirit AeroSystems Announces Advance Payments Deal With Boeing
Tuesday announced an Advance Payments Agreement by which Boeing Co. (BA) will pay an advance of up to a total of $350 million to produce Boeing products at the rates required by Boeing. The payments will help Spirit's high levels of inventory and lower operational cash flows,
Spirit Aero gets planemaker help to prop up weak finances
By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 ...
Flightglobal1h
Spirit AeroSystems secures fresh loan from Boeing amid cash crunch
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
The Business Journals19h
Boeing lands new 737 Max order as machinists return after strike
The purchase was announced the same day Boeing and Spirit AeroSystems disclosed an agreement in ... insurance) provider ...
Seattle Times25d
Boeing strike pushes supplier Spirit AeroSystems to plan worker furloughs
Spirit AeroSystems will ... something Boeing has said it won’t consider. Spirit also makes parts for Boeing rival Airbus, which also plans to buy back some assets as part of the ...
NBC 10 Philadelphia25d
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems ... workers on Boeing's bestselling 737 Max are not affected, he added. Work on all three programs, however, is stalled because of the strike. Boeing agreed to acquire ...
The Business Journals19d
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
Kelly Ortberg talked Spirit AeroSystems at multiple points during an earnings call with analysts — his first since becoming Boeing CEO. Ortberg also discussed his vision for the aerospace giant ...
Al Jazeera English25d
Hit by Boeing strike, supplier Spirit Aero to furlough 700 employees
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 ...