Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
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 ...
WICHITA, Kan. (KSNW) — In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to continue as a going concern.” It also says a ...
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
(RTTNews) - Spirit AeroSystems Holdings Inc. (SPR), a major supplier to Boeing, reported significant operating losses in recent years and raised concerns about its ability to continue as a going ...
As of Sept. 26, the aerospace manufacturer stated a debt total of $4.4 billion, including $426.2 million in short-term debt. From $823.5 million at the end of last year, its accessible cash was $ ...