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.
Last month, Spirit Aero said it was burning through dwindling cash reserves, as a strike by Boeing's U.S. factory workers ...
HM Dunn AeroSystems CEO Phil Anderson said he's seeing a lack of diversification and balance sheet issues impact some local ...
Spirit AeroSystems was the largest independent aerostructure manufacturer, originally spun out of Boeing in 2005. The firm produces fuselages, wing structures, and structures that house and ...
Spirit lost $350 million in the quarter, $200 million more than 2023 on comparable revenue of just under $1.5 billion. This was mostly because it can't make money building Boeing 787 or Airbus ...
That decision has big ramifications for Wichita’s largest employer, Spirit AeroSystems, whose biggest customer is Boeing. Spirit already announced 700 employees will go on a 21-day furlough ...
Spirit AeroSystems (SPR) is weighing furloughs or layoffs of hundreds more employees if the Boeing (BA) machinists’ strike stretches beyond Nov. 25, CNCB’s Leslie Josephs reports, citing a ...
(This Oct. 23 story has been corrected to clarify that Spirit did receive $425 million cash from Boeing, and that the amount was increased and partly repaid, in paragraph 3 and in a bullet point) ...
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday. More than ...