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Spirit Aerosystems gains
Airbus nears funding, payment terms with Spirit AeroSystems- Reuters
Airbus (OTCPK:EADSY) is nearing an agreement to provide funding and revised payment terms to
Spirit
AeroSystems
(NYSE:SPR) as the aircraft parts maker struggles with its finances.
Spirit
shares fell 1.1%. An agreement could be reached as soon as Wednesday ...
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.
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.
Reuters
5h
Spirit Aero to receive up to $350 million in funding from Boeing
Nov 12 (Reuters) -
Spirit
AeroSystems
(SPR.N), opens new tab said Tuesday that planemaker Boeing will pay up to $350 ...
Flightglobal
2h
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 ...
Business Insider
48m
Spirit AeroSystems announces Advance Payments Agreement with Boeing
Spirit
AeroSystems
(SPR) announces an Advance Payments Agreement with Boeing (BA), in which Boeing has committed to pay
Spirit
, as advance payments, up to a total of $350M to produce Boeing ...
The Gazette
6h
Spirit to receive up to $350 million in advance payments from Boeing
(Reuters) -
Spirit
AeroSystems
said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to ...
4d
In wake of Spirit SEC filing, aerospace analyst 'would not be surprised' to see another Boeing cash advance
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
6d
on MSN
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 ...
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