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 ...

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

A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...

(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 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 ...

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

Spirit AeroSystems' defense portfolio has taken a large hit. What it means for Wichita's biggest employer. Spirit AeroSystems' work on the Future Long Range Assault Aircraft for the U.S. Army ...

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 ...

WICHITA, Kan., Oct. 18, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces employee furloughs in response to the ongoing strike by Boeing employees represented by the ...

While a vote later this week could effectively end the strike in the Pacific Northwest, the situation is impacting hundreds of Spirit AeroSystems employees in Wichita. Last week, Spirit announced ...

WICHITA, Kan. (KWCH) - On Friday morning, Spirit Aerosystems confirmed to 12 News it will furlough 700 workers later this month. The 21-day furloughs begin on Oct. 28 for employees who work on the ...

As of Sept. 26, the aerospace manufacturer stated a debt total of $4.4 billion, including $426.2 million in short-term debt. From $823.5 million at the end of last year, its accessible cash was $ ...