Boeing will provide Spirit AeroSystems with up to $350M cash lifeline
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with around 12,800 full-time workers, previously disclosed it has spent all of that money, as well as the entirety of a $350 million bridge loan that was set up earlier this year.
Airbus (OTCPK:EADSY) is nearing an agreement to provide funding and revised payment terms to Spirit AeroSystems (NYSE:SPR) as ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
Nov 12 (Reuters) - Spirit AeroSystems (SPR.N), opens new tab said Tuesday that planemaker Boeing will pay up to $350 ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
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