Production on Boeing's 737 Max, 767 and 777 planes had been halted since mid ... Boeing vice president Doug Ackerman, Spirit ...
The plugs are on most Boeing 737 Max 9 jets. The Federal Aviation Administration ... exit doors or plugs installed. A spokesman for Spirit AeroSystems — which is unrelated to Spirit Airlines ...
Boeing, after a sizable strike-induced production halt, plans to resume its 737 MAX production. Spirit AeroSystems' financial struggles intensified when production slumped due to new model issues and ...
According to Reuters, Boeing and Spirit AeroSystems are close to reaching a funding agreement to give the struggling supplier ...
The negotiations hit the brakes earlier this month after SPEEA pointed to a "chasm" between the sides on key issues.
Spirit AeroSystems has raised and maintained a considerable amount of debt since the grounding of the 737 MAX began in 2019. The company had just $217 million of cash on the balance sheet and about $5 ...
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
Boeing Co. ($BA) shares slipped to a two-year low after falling over 3% to $144.13 on Wednesday morning after Spirit ...
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 ...
Spirit AeroSystems will furlough some 700 workers as Boeing's machinist strike enters its sixth week. The Boeing supplier makes fuselages and other parts for Boeing's 777, 767 and 737 Max aircraft.
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...