Aviation giants bail out major Northern Ireland employer in $450m rescue
Boeing and Airbus will provide $450m (£353m) in emergency funding to troubled supplier Spirit AeroSystems, which employs ...
US airlines stopped from flying to Haiti for a month after planes from 3 different carriers were hit by gunfire
A Spirit Airlines flight diverted after being shot on approach to Haiti. A JetBlue flight was also found to have been struck ...
Airbus Nears Deal on Funding, Payment Terms With Spirit Aero, Source Says
Spirit Aero, which said last week it was negotiating possible advances from its customers, did not immediately respond to a ...
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Spirit AeroSystems announces restated Memorandum of Agreement with Airbus
Spirit AeroSystems (SPR) announces a Second Amended and Restated Memorandum of Agreement with Airbus (EADSY), in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit in an ...
Spirit AeroSystems Announces Advance Payments Deal With Boeing
(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 ...
Spirit Aero Gets Help From Boeing, Airbus to Prop up Weak Finances
(Reuters) - Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the ...
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Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. The jet maker said Tuesday that ...
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Boeing explores possible Jeppesen sale, report says
A recent report claims Boeing is looking into the possible sale of its Jeppesen navigation unit. After a rocky 2024, the sale ...
Exclusive-Boeing Close to Funding Agreement to Help Supplier Spirit Aero, Source Says
Spirit said this week it is seeking ways to raise liquidity including possible customer advances. The supplier has previously ...
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 ...
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Analyst talks about Spirit filing with SEC
In a new filing with the government, Spirit Aerosystems said this week there is "substantial doubt about the Company's ...