Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
One 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.
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report ...
By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 ...
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 ...
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 has agreed to give Spirit AeroSystems , the company that develops aircraft fuselages, a hefty financial boost. The US ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
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 ...