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Spirit Aero to receive up to $350 million in funding
Boeing Advances $350M to Spirit AeroSystems
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and maintain inventory, reduce operating expenses,
Boeing will provide Spirit AeroSystems with up to $350M cash lifeline
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with around 12,800 full-time workers, previously disclosed it has spent all of that money, as well as the entirety of a $350 million bridge loan that was set up earlier this year.
Spirit Aero to receive up to $350 million in funding from Boeing
(Reuters) -
Spirit
AeroSystems
said Tuesday that planemaker
Boeing
will pay up to $350 million in advance ...
Boeing
has said it plans to gradually resume production of its
737
MAX
as machinists are set to return to their jobs Tuesday.
1d
on MSN
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 ...
1d
Boeing throws Spirit $350 million lifeline to support output
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
Yahoo Finance
1d
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
(Reuters) -
Spirit
AeroSystems
said on Tuesday it would receive up to ... The supplier of fuselages for the
Boeing
737
...
Flightglobal
1d
Spirit AeroSystems secures fresh loan from Boeing amid cash crunch
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
devdiscourse
1d
Boeing's $350 Million Relief for Struggling Supplier Spirit AeroSystems
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 ...
Kansas First News on MSN
1d
New client orders 40 Boeing planes, may order 40 more
Boeing announced Tuesday that a new customer has ordered 40 of its 737 MAX 8 planes and has the potential to order 40 more ...
8d
on MSN
Spirit Aero raises doubts over ability to continue as going concern
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ...
The Business Journals
2d
Boeing lands new 737 Max order as machinists return after strike
Production on
Boeing
's
737
Max
, 767 and 777 planes had been halted since mid ...
Boeing
vice president Doug Ackerman, ...
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