Boeing will provide Spirit AeroSystems with up to $350M cash lifeline
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
Exclusive: Boeing close to funding agreement to help supplier Spirit Aero, source says
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
Spirit Aero to receive up to $350 million in funding from Boeing
By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 ...
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 ...
Boeing Supplier Spirit Aero Adds Another Worry to the Stock’s Turnaround Story
Boeing and the aerospace supply chain have navigated a costly labor strike with surprising ease. One of Boeing’s key ...
Boeing throws Spirit $350 million lifeline to support output
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
Boeing begins a new chapter, resuming 737 Max production and giving $350 million to a troubled supplier
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
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Boeing begins a new chapter, resuming 737 Max production and giving $350 million to a troubled supplier
Boeing's path forward also includes a commitment to give $350 million in advance payments to Spirit AeroSystems, a key supplier that it plans to acquire next year. Spirit had warned in a ...
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Can Spirit Aero survive and what it means for Boeing acquisition
Spirit AeroSystems (NYSE:SPR) on Tuesday, November 5, raised concerns about its ability to continue operations, sparking questions about the implications for Boeing (NYSE:BA)'s planned acquisition.
Boeing Supplier Spirit AeroSystems Faces Liquidity Challenges, Raises Doubts About Ongoing Viability
Spirit AeroSystems Holdings Inc. (SPR), a major supplier to Boeing, reported significant operating losses in recent years and raised ...