Boeing, after a sizable strike-induced production halt, plans to resume its 737 MAX production. Spirit AeroSystems' financial struggles intensified when production slumped due to new model issues and ...
Spirit AeroSystems and Boeing are nearing a funding agreement to support the struggling aerospace supplier. Spirit, facing financial strain and production challenges, expects significant cash outflow.
It will be several weeks before we fully restart airplane production as we take the necessary steps to reactivate in full ...
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will ... Boeing has said it plans to gradually resume ...
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
Work will start at 9:00 a.m. and go till 2:00 p.m. Work will resume on Thursday during the same hours. Alternating right and ...