Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
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 ...
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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 ...
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Spirit Airlines Plans to Cut Jobs and Sell Some Planes Amid Looming Financial Struggles NEW YORK (AP) — Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as 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 ...