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 loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
In Q3, despite its quarterly revenues climbing slightly to $1.47 million from $1.43 million, Spirit AeroSystems’ costs ...
That decision has big ramifications for Wichita’s largest employer, Spirit AeroSystems ... due to a surplus of planes since Boeing isn’t buying. “The issue with the 767 and the triple ...
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing’s sharply reduced production rates and to other factors driving ...
He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues. Spirit AeroSystems Scrambling To Maintain Funds Before Boeing Sale is published in Aerospace ...
The supplier said it received $425 million through an MOU with Boeing announced in April that was increased by $40 million in June. Spirit said ... over transmission issues, NHTSA says 11:11 ...
Boeing and Airbus will provide $450m (£353m) in emergency funding to troubled supplier Spirit AeroSystems, which employs ...