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Spirit Aero Receives Lifeline with $350 Million Advance from Boeing
Struggling supplier Spirit AeroSystems secured up to $350 million in advance payments from Boeing amidst cash-flow challenges. The deal follows a strike at Boeing that impacted Spirit's inventory and ...
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 ...
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
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 ...
Spirit Aero gets planemaker help to prop up weak finances
By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 ...
Thousands gather in downtown Wichita to honor Kansas veterans
Thousands of people came together in downtown Wichita Saturday to honor Kansas veterans during the annual Spirit Aerosystems ...
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Spirit AeroSystems reveals concerns about ability to operate
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." ...
U.S. Army defense program to stay in Wichita after Spirit is dropped as a supplier
Bell Textron, a subsidiary of Wichita-based Textron Aviation, will take over a U.S. Army defense program after the program ...
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Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker ... Last month, Wichita, Kansas-based Spirit Aero said it was burning through dwindling cash reserves, as a strike by Boeing’s US factory ...