Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
Another contract rejection could have huge ramifications for Spirit AeroSystems and Wichita's aviation industry.
The strike alone will presumably consume a material chunk of the fresh funds, as will, over time ... the transaction closes, Boeing is likely to have acquired Spirit with more debt than the ...
Despite the financial strain experienced by Spirit AeroSystems due to the Boeing strike and the resulting inventory build-up, Boeing’s recent equity and preferred stock raise of over $20 billion ...
"We have things like water lines running over ... gone from zero to 100 to fail." "There's really no way to know," Toole said if the size of a new terminal is right. "You always take some chance ...
Boeing Co. is planning to launch a capital raise as early as Monday, according to people familiar with the matter, in an offering that would help the beleaguered airplane maker boost its liquidity.
Could Boeing take a similar route and release investor latent value? In a corporation whose various business lines had become more and more challenging to run, the decision to break up the ...
Workers can take the balance in their account as a lump sum when they retire, or as a lifetime annuity. Another hybrid pension option that could be an alternative for Boeing and the machinists is ...