Aviation giants bail out major Northern Ireland employer in $450m rescue
Boeing and Airbus will provide $450m (£353m) in emergency funding to troubled supplier Spirit AeroSystems, which employs ...
Spirit AeroSystems Reports "Substantial Doubt" Over Continuing As A Going Concern
In Q3, despite its quarterly revenues climbing slightly to $1.47 million from $1.43 million, Spirit AeroSystems’ costs ...
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 ...
Flightglobal7d
Spirit AeroSystems raises doubt about continuing as a ‘going concern’
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...
Boeing Delivers Only 14 Planes In October & Warns Of Further Production Delays After Strike
While all striking machinists had returned to Boeing's facilities on November 12, the company is now facing a bumpy road to ...
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 ...
A key Boeing supplier has 'substantial doubt' it can stay in business
A major Boeing (BA) supplier is worried it won’t be able to continue as a business for much longer. Fuselage builder Spirit ...
Business Times1d
Boeing, Airbus throw supplier lifeline ahead of takeover
BOEING and Airbus will provide more than US$450 million in financial assistance to help keep key supplier Spirit AeroSystems ...
The Financial Times25d
Boeing workers to vote on ending strike in critical week for plane maker
Speculation has focused in particular on the future of parts ... after a door panel blew off one of its aircraft during an Alaska Airlines flight in January. Its supplier Spirit AeroSystems ...
Mint24d
Boeing’s CEO is shrinking the jet maker to stop its crisis from spiraling
In January, a door plug blew out on an Alaska Airlines ... 767 and 777 jets. Fuselage maker Spirit AeroSystems on Friday said it would furlough 700 workers. A U.K.-based part maker, Senior ...