The order should bring more work to Spirit (NYSE: SPR), Boeing's biggest supplier. Spirit makes approximately 70% of the 737 ...
Boeing has said it plans to gradually resume production of its 737 MAX as machinists are set to return to their jobs Tuesday.
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
There had been speculation about what kind of help could be coming from Boeing after Spirit AeroSystems issued a "going ...
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
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 spokesman told The Associated Press that the plugs are assembled into 737 fuselages at Spirit’s factory in Wichita but declined further comment. Boeing declined to comment on the issue.
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
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 ...
Boeing received its first order after reaching a deal with striking machinists, but it still faces a difficult road ahead.