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 ...
BOEING and Airbus will provide more than US$450 million in financial assistance to help keep key supplier Spirit AeroSystems ...
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 ...
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 ...
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 ...