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Boeing, Spirit AeroSystems
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 around 12,800 full-time workers, previously disclosed it has spent all of that money, as well as the entirety of a $350 million bridge loan that was set up earlier this year.
Boeing Injects $350 Million Into Struggling Spirit AeroSystems
Boeing has agreed to give Spirit AeroSystems , the company that develops aircraft fuselages, a hefty financial boost. The US planemaker will provide up to $350 million in advance to support the production of products as the supplier grapples with a liquidity crisis.
Boeing to pay Spirit AeroSystems up to $350M in advance payments
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, Boeing is offering help.
9d
Key piece of Boeing's Spirit AeroSystems acquisition — involving aviation giant's arch-rival — remains on track
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
1d
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 ...
Yahoo Finance
1d
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
(Reuters) -
Spirit
AeroSystems
said on Tuesday it would receive up ... payments in connection with deliveries of parts for ...
Morningstar
8d
Boeing supplier Spirit AeroSystems says there's 'substantial doubt' about its ability to keep operating
Company that
Boeing
intends to
buy
says it 'will require additional liquidity to continue its operations over the next 12 months' Aircraft-parts supplier
Spirit
AeroSystems
Holdings Inc. on ...
The Business Journals
2d
Boeing lands new 737 Max order as machinists return after strike
The
purchase
was announced the same day
Boeing
and
Spirit
AeroSystems
disclosed an agreement in which
Boeing
will ...
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