In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
Boeing has agreed to give Spirit AeroSystems, the company that develops aircraft fuselages, a hefty financial boost. The US ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
Shares of Boeing Co. ($BA) gained retail investor interest on Tuesday after the aerospace giant agreed to provide up to $350 ...
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 ...
One week after Spirit AeroSystems announced it has “substantial doubt” about its ability to continue as a going concern, ...
Spirit AeroSystems will start furloughing workers this month in response to the continuing strike at Boeing, the aerostructure supplier’s biggest customer. Spirit will implement a 21-day ...
In addition to reporting our financial information using U.S. Generally Accepted Accounting Principles (GAAP), management believes that certain non-GAAP measures (which are indicated by * in this ...
Spirit AeroSystems will furlough about 700 workers to cut costs as the machinist strike at Boeing BA0.46%increase; green up pointing triangle continues. The plane manufacturer on Friday said ...
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 ...