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 ...
Spirit said Tuesday it will receive up to $350 million in advance payments from Boeing, which will be utilized by the ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
Spirit AeroSystems Holdings warned it has substantial doubts about its ability to continue operating as a going concern after reporting billions of dollars in net losses in the last four years ...
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt ...
Spirit AeroSystems (NYSE:SPR), Boeing's (BA) key supplier and acquisition target, has raised substantial doubt about its ability to continue as a going concern amid mounting losses, rapid cash ...
Three-week furloughs for 700 Spirit AeroSystems workers began last week tied to impacts from the Boeing machinists strike. A new Securities and Exchange Commission filing from Spirit AeroSystems ...
Nov 5 (Reuters) - Spirit AeroSystems (SPR.N), opens new tab, a key supplier to U.S. planemaker Boeing, warned on Tuesday there was "substantial doubt" the company would be able to continue as a ...
WICHITA, Kan. (KSNW) — In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to continue as a going concern.” It also says a ...
WICHITA, Kan. (KWCH) - A Spirit AeroSystems spokesperson said on Friday that the company has presented a four-year contract offer to its union-represented engineers. The offer, according to the ...
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