Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Boeing has agreed to give Spirit AeroSystems, the company that develops aircraft fuselages, a hefty financial boost. The US ...
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 Sees Slow Production Restart, Will Aid Spirit AeroSystems is published in Aviation Daily, an Aviation Week ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
Spirit AeroSystems (SPR) announces an Advance Payments Agreement with Boeing (BA), in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350M to produce Boeing products ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing’s sharply reduced production rates and to other factors driving ...
Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing (BA). Boeing (BA) committed to pay as much as $350 million in the advanced ...
On Monday, Boeing's union machinists voted to accept the company's contract offer and end a strike that stretched for more than seven weeks. As the troubled plane maker gets back to business, the ...