Losses have soared to $1.5 billion this year as the company weathers Boeing’s commercial airplane facilities’ strike.
Fuselage manufacturer Spirit AeroSystems (SPR) sounded the alarm last week that it might not be able to stay in business much ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing (BA). Boeing (BA) committed to pay as much as $350 million in the advanced ...
The designer and manufacturer for commercial and defense aircraft said its liquidity has been affected in part by the strike ...
Spirit AeroSystems (SPR) announces an Advance Payments Agreement with Boeing (BA), in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350M to produce Boeing products ...
Spirit AeroSystems, Boeing's key supplier, has raised 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 ...