Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm ...
On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The ...
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
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.
Boeing has agreed to give Spirit AeroSystems, the company that develops aircraft fuselages, a hefty financial boost. The US ...
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company would be able to continue as a going concern. Last month ...
Boeing's path forward also includes a commitment to give $350 million in advance payments to Spirit AeroSystems, a key supplier that it plans to acquire next year. Spirit had warned in a ...