Spirit Aero to receive up to $350 million in funding

Spirit Aero to receive up to $350 million in funding from Boeing
Nov 12 (Reuters) - Spirit AeroSystems (SPR.N), opens new tab said Tuesday ... Spirit, which must repay the $350 million in 2026, saw its shares rise 1.2%. Boeing, which plans to buy its one-time subsidiary, is trying to revive its battered supply chain ...
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.
Spirit Aerosystems gains after confirming advance payments pact with Boeing
Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing (BA). Boeing (BA) committed to pay as much as $350 million in the advanced payment pact,
Spirit Aero Receives Lifeline with $350 Million Advance from Boeing
Struggling supplier Spirit AeroSystems secured up to $350 million in advance payments from Boeing amidst cash-flow challenges. The deal follows a strike at Boeing that impacted Spirit's inventory and delivery capabilities.
Spirit AeroSystems Announces Advance Payments Agreement with Boeing
Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350,000,000.00 to produce Boeing products at the rates required by Boeing.
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.
Spirit AeroSystems Announces Advance Payments Deal With Boeing
(RTTNews) - Spirit AeroSystems Holdings, Inc. (SPR), 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.
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.
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.
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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 ...
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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 which Boeing will ...
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability ...