Spirit AeroSystems (SPR) sells Fiber Materials business to Tex-Tech Industries for $165M in cash, as part of efforts to raise cash and address ...

This is the latest step by Spirit to accrue cash, to continue operating as it prepares to be acquired by Boeing, a deal on ...

Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily ...

Aerostructures maker Spirit AeroSystems Holdings, which has been hurt by a strike at Boeing, agreed to sell its Fiber Materials Inc. business to Tex-Tech Industries for $165 million. FMI's ...

Spirit Airlines' complicated situation. Boeing requires long-term investment due to ongoing balance sheet repairs and credibility issues, despite a recent capital raise. Lockheed Martin could be a ...

The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.

Spirit Airlines will attempt to reboot as it struggles to recover from the pandemic-caused drop in travel and a failed ...

The airline hasn’t posted an annual profit since 2019 and lost more than $335 million in the first half of the year.

A bullet struck the body of a Southwest Airlines airplane preparing for departure from a Dallas airport, forcing the ...

Airlines have been celebrating since Donald Trump's election, but optimism over less regulation is tempered by Boeing's ...

A 25.1% increase in revenue and a quadrupled EBIT are being reinforced by initiatives to improve workforce shortages and ...