In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
Shares of Boeing Co. ($BA) gained retail investor interest on Tuesday after the aerospace giant agreed to provide up to $350 ...
Boeing Sees Slow Production Restart, Will Aid Spirit AeroSystems is published in Aviation Daily, an Aviation Week ...
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.
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 ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt ...
Spirit Aerosystems announces it will furlough around 700 workers due to the ongoing strike at Boeing. It will be limited to those working on the Boeing 7-67 and Triple 7 and is expected to last ...
Investing.com -- Spirit AeroSystems (NYSE:SPR) on Tuesday, November 5, raised concerns about its ability to continue operations, sparking questions about the implications for Boeing (NYSE ...
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 ...