Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
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 ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
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 ...
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
(RTTNews) - Spirit AeroSystems Holdings Inc. (SPR), a major supplier to Boeing, reported significant operating losses in recent years and raised concerns about its ability to continue as a going ...
As of Sept. 26, the aerospace manufacturer stated a debt total of $4.4 billion, including $426.2 million in short-term debt. From $823.5 million at the end of last year, its accessible cash was $ ...