In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Boeing has agreed to give Spirit AeroSystems, the company that develops aircraft fuselages, a hefty financial boost. The US ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing’s sharply reduced production rates and to other factors driving ...
Spirit AeroSystems Holdings warned it has substantial doubts about its ability to continue operating as a going concern after reporting billions of dollars in net losses in the last four years ...
Boeing provides Spirit AeroSystems with $350 million in advance payments to support the cash-strapped supplier amidst financial and production challenges. Spirit continues to face cash burn and ...
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 ...
Spirit AeroSystems Holdings, Inc. designs and manufactures commercial aero structures and systems. It supplies aerostructures to the Boeing commercial aircrafts. The company operates business ...
WICHITA, Kan. (KSNW) — Spirit AeroSystems will furlough 700 workers for 21 days. The furlough comes as Boeing workers are still on strike. The strike started back on Sept. 13. The furloughs will ...