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 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.
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 ...
Boeing Supplier Spirit AeroSystems Faces Liquidity Challenges, Raises Doubts About Ongoing Viability
(RTTNews) - Spirit AeroSystems Holdings Inc. (SPR), a major supplier to Boeing, reported significant operating losses in recent years and raised concerns about its ability to continue as a going ...
UPDATE: In a late afternoon development, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to continue as a going concern.” It was filed with the U.S ...
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