Losses have soared to $1.5 billion this year as the company weathers Boeing’s commercial airplane facilities’ strike.
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Boeing to pay Spirit AeroSystems up to $350M in advance paymentsOne week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
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 ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
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