Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
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 ...
Bell Textron, a subsidiary of Wichita-based Textron Aviation, will take over a U.S. Army defense program after the program dropped Spirit Aerosystems as a supplier. Bell is an aerospace and defense ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...
The SPEEA said that on Oct. 7, the sides were far apart in negotiations, and they agreed to pause for three weeks.
TD Cowen analyst Cai von Rumohr maintained a Buy rating on Spirit AeroSystems (SPR – Research Report) today and set a price target of $37.25. Cai von Rumohr has given his Buy rating due to a ...
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 Aerosystems has started a 21-day furlough for 700 workers at its Wichita facility. The furlough is a result of the ongoing strike at Boeing. The six-week strike has resulted in a backlog of ...
Also Read: Boeing is reportedly in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max If a deal is reached, it may involve Spirit restructuring its debt and other ...
NEW YORK -- Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.