Spirit, Airbus and Boeing

Airbus Outlines Next Steps In Acquisition Of Spirit AeroSystems' Work Packages
Airbus is on track to finalize its acquisition of a work package from Spirit AeroSystems before the end of 2024, marking a significant step in its strategy to enhance its supply chain and production capabilities.
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing and up to $107 million from Airbus , giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses.
Spirit Aerosystems gains after confirming advance payments pact with Boeing
Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing (BA). Boeing (BA) committed to pay as much as $350 million in the advanced payment pact, according to a statement on Tuesday.
Spirit to Receive up to $350 Million in Advance Payments From Boeing
Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
Spirit Aero to receive up to $350 million in funding from Boeing
By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
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Aviation giants bail out major Northern Ireland employer in $450m rescue
Boeing and Airbus will provide $450m (£353m) in emergency funding to troubled supplier Spirit AeroSystems, which employs ...
Spirit Belfast deal ‘to complete by year end’
Airbus says it expects its takeover of part of the Spirit AeroSystems operation in Belfast to be completed by the end of the ...
In wake of Spirit SEC filing, aerospace analyst 'would not be surprised' to see another Boeing cash advance
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
The Irish News23d
Belfast aircraft workers ‘in limbo’ as Spirit stays silent on workload split
Unions representing more than 3,500 workers at Belfast aircraft maker Spirit AeroSystems are seeking clarity on the future of one of the north’s biggest manufacturing firms, and claim management ...
Boeing Reportedly Set To Announce Funding Agreement For Struggling Spirit AeroSystems
According to Reuters, Boeing and Spirit AeroSystems are close to reaching a funding agreement to give the struggling supplier ...
Flightglobal13d
Airbus expects to sign Spirit work-package acquisition contract before year-end
Airbus aims to sign a contract by the end of this year for the acquisition of work packages currently managed by US firm ...
Key piece of Boeing's Spirit AeroSystems acquisition — involving aviation giant's arch-rival — remains on track
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
Bombardier's quarterly revenue beats on services business boost
Bombardier's third-quarter revenue beat analysts' estimates on Thursday, helped by strong demand for business jet parts and ...
Fox Business27d
Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory ...