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 Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
Struggling supplier Spirit AeroSystems secured up to $350 million in advance payments from Boeing amidst cash-flow challenges. The deal follows a strike at Boeing that impacted Spirit's inventory and ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
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.
Supply issues that contributed to the structural and quality defects on 737 MAX fuselages precipitated cash shortage – and ...
Bell is an aerospace and defense company that engineers and manufactures helicopters. On Wednesday, the company announced its ...