Around 700 Spirit AeroSystems employees are being furloughed as a result of the ongoing strike by Boeing machinists that began last month, the company announced Friday.

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 ...

OKLAHOMA CITY – Thunderstorms and possible tornadoes remained in the forecast Monday for the south-central U.S., including Oklahoma, where a breakout of twisters over the weekend injured at ...

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 ...