The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...

On a day when furloughs began at Spirit AeroSystems — Boeing's largest supplier ... production of the company's 737 Max, 767 and 777 jets. After reporting a $6 billion loss in last week's ...

Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...

Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...

Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, causing shares of the budget airline—which dropped after reports the ...

Spirit Airlines' woes are growing more apparent as it works to raise cash by selling planes and cutting staff. The budget airline has struggled since its merger with JetBlue was called off in March.

Spirit Airlines plans to sell 23 Airbus aircraft to GA Telesis for $519 million to boost liquidity. The airline is experiencing capacity reductions due to aircraft sales, engine issues, and ...

Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing U.S. factory workers hammered the finances of its biggest ...

Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday. More than ...

Spirit AeroSystems (SPR) is weighing furloughs or layoffs of hundreds more employees if the Boeing (BA) machinists’ strike stretches beyond Nov. 25, CNCB’s Leslie Josephs reports, citing a ...

Aerostructures producer Spirit AeroSystems lost $477 million in the ... 24 million against its 737 work and $16 million against its 777 programme, and it logged $70 million in “excess capacity ...