In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
Fuselage manufacturer Spirit AeroSystems (SPR) sounded the alarm last week that ... but production delays for Boeing’s ...
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
Boeing announced Tuesday that a new customer has ordered 40 of its 737 MAX 8 planes and has the potential to order 40 more ...
Boeing, after a sizable strike-induced production halt, plans to resume its 737 MAX production. Spirit AeroSystems' financial struggles intensified when production slumped due to new model issues and ...
Supply issues that contributed to the structural and quality defects on 737 MAX fuselages precipitated cash shortage – and ...