On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The ...

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 ...

Airbus nearing funding agreement with Spirit AeroSystems as Boeing commits to $350 million advance payments pact.

(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 ...

Boeing’s leaders have few options as they consider the potential damage of the Machinists’ rejection Wednesday of another bid ...

Spirit AeroSystems is considering further layoffs or furloughs of hundreds of employees if the Boeing machinists' strike extends beyond November 25th. The machinists voted 64% against a new labor ...

The extended stoppage is also a challenge for the aerospace supply chain, which is fragile coming out of the pandemic, as the ...

That swept in former 25-year GE veteran Harry Stonecipher to run things, the first in a train of executive ... were speaking about major supplier Spirit AeroSystems of Wichita, Kansas, part ...

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 ...

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 ...

Before he arrived, the company agreed to acquire Spirit AeroSystems, a key supplier that ... for the Navy and a new jet that would be used to train a generation of military pilots.

The announced job cuts come after Boeing and the rest of the aerospace supply chain worked to hire and train new machinists ... Boeing's 737 fuselage maker, Spirit AeroSystems, is considering ...