Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
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 ...
Boeing has agreed to give Spirit AeroSystems, the company that develops aircraft fuselages, a hefty financial boost. The US ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
Boeing Sees Slow Production Restart, Will Aid Spirit AeroSystems is published in Aviation Daily, an Aviation Week ...
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
Spirit AeroSystems (SPR) announces a Second Amended and Restated Memorandum of Agreement with Airbus (EADSY), in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit in an ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - A line of Spirit Airlines jets sit on the tarmac at Orlando International Airport on May 20, 2020, in ...
Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...
Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...