In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
WICHITA, Kan. (KSNW) — In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to continue as a going concern.” It also says a ...
Three-week furloughs for 700 Spirit AeroSystems workers began last week tied to impacts from the Boeing machinists strike. A new Securities and Exchange Commission filing from Spirit AeroSystems ...
On Monday, Boeing's union machinists voted to accept the company's contract offer and end a strike that stretched for more than seven weeks. As the troubled plane maker gets back to business, the ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
The SPEEA said that on Oct. 7, the sides were far apart in negotiations, and they agreed to pause for three weeks.
Spirit AeroSystems (NYSE:SPR) edged higher by 0.3% after a report that the struggling supplier is close to reaching a funding agreement with Boeing (BA) that would give it a cash lifeline.