Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Boeing, Spirit AeroSystems
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.
Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
The payments are intended to help address high levels of inventory and lower operational cash flows.
Boeing Advances $350M to Spirit AeroSystems
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and maintain inventory, reduce operating expenses,
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.
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 Aerosystems gains after confirming advance payments pact with Boeing
Boeing entered a $350 million advance payments pact with Spirit AeroSystems, a key supplier facing financial challenges in the aerospace industry.
Spirit Airlines to file for bankruptcy
Spirit Airlines stock plunges 59% amid report of bankruptcy deal
Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports the company could file for bankruptcy protection within the next few weeks.
Spirit Airlines shares plunge on bankruptcy speculation
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly financial results because it’s scrambling to reach a deal with creditors.
Spirit Airlines continues 'constructive talks' with creditors
Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders,
Boeing to take weeks to resume production of planes
Boeing begins a new chapter, resuming 737 Max production and giving $350 million to a troubled supplier
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time to ramp up production.
Boeing Says Plane Production Restart Will Take Weeks
After striking for almost two months, workers will return to factory floors in the Pacific Northwest, but must ensure safety procedures are followed as it begins building 737 jetliners.
Boeing says it will take several weeks to resume production of planes after the strike
Airline customers have grown increasingly upset over delays in getting new planes from Boeing — delays that started long before 33,000 machinists went on strike.
8d
on MSN
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
KSNW Wichita on MSN
2d
New client orders 40 Boeing planes, may order 40 more
Boeing announced Tuesday that a new customer has ordered 40 of its 737 MAX 8 planes and has the potential to order 40 more ...
Oregon Business
1d
Boeing Machinists Return to Work After Strike But Uncertainty Remains
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Zacks.com on MSN
2h
Airline Stock Roundup: LUV to Trim Workforce, CPA & SAVE in Focus
In the past week, Southwest Airlines LUV announced plans to reduce its workforce to match the lower capacity partly due to ...
8d
Spirit AeroSystems Reports "Substantial Doubt" Over Continuing As A Going Concern
In Q3, despite its quarterly revenues climbing slightly to $1.47 million from $1.43 million, Spirit AeroSystems’ costs ...
2d
Machinists return to work at an unsettled Boeing after 8-week strike
As Boeing's Machinists return after eight weeks on strike, experts predict the work stoppage strained finances for the ...
KSNT Topeka on MSN
3d
Spirit Airlines flight bound for Florida hit by gunfire in Port-au-Prince
( The Hill) — A Spirit Airlines flight was hit by gunfire in Port-au-Prince, Haiti. The flight was headed to Fort Lauderdale, ...
1d
American Airlines Suspends Flights To Haiti Until February After Bullet Hole Found In Boeing 737 MAX 8
American Airlines made changes to its nonstop service between its hub in Miami and Port-au-Prince, Haiti, on Tuesday. The ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback