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Boeing, Spirit
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing and up to $107 million from Airbus , giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses.
Boeing to pay Spirit AeroSystems up to $350M in advance payments
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, Boeing is offering help.
Spirit AeroSystems secures fresh loan from Boeing amid cash crunch
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after Spirit warned that a cash crunch threatened the viability of its business.
1d
Boeing layoffs, Spirit bankruptcy, and the most delayed flights: Airlines news roundup
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report ...
4d
Boeing throws Spirit $350 million lifeline to support output
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
11d
on MSN
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
12d
Key piece of Boeing's Spirit AeroSystems acquisition — involving aviation giant's arch-rival — remains on track
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
18h
Airline Post-Election Optimism Tempered By Boeing Woes
Airlines have been celebrating since Donald Trump's election, but optimism over less regulation is tempered by Boeing's ...
Globalair
5d
Boeing explores possible Jeppesen sale, report says
A recent report claims Boeing is looking into the possible sale of its Jeppesen navigation unit. After a rocky 2024, the sale ...
The Business Journals
4d
Boeing lands new 737 Max order as machinists return after strike
The purchase was announced the same day
Boeing
and
Spirit
AeroSystems disclosed an agreement in which
Boeing
will ...
1d
Spirit is struggling to survive. Bankruptcy could mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That could mean flying fewer routes, allowing competitors to ...
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