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(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said. Spirit ...
About 70% of Spirit AeroSystems' revenue last year came from work done for Boeing, according to Spirit's latest annual report. That is up from 60% two years earlier. Most of the company's other ...
The complex three-way deal announced late Sunday night to split Spirit AeroSystems between Boeing and Airbus was engineered by Spirit CEO Pat Shanahan.
Spirit AeroSystems Holdings, Inc. is an American manufacturer of aerostructures for commercial airplanes, headquartered in Wichita, Kansas. The company produces fuselage sections for Boeing 's 737 and 787 aircraft, as well as the flight deck sections for a majority of Boeing airliners.
Spirit AeroSystems said it is cooperating with investigators. “Spirit is supporting Boeing’s efforts with the FAA, and the affected airlines, as they inspect the 737-9 fleet and work to safely ...
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the ...
Spirit had been owned by Boeing before the 2005 spinout. ... Boeing is in talks to buy Wichita’s Spirit AeroSystems. Julie Johnsson, Ryan Beene, Bloomberg News. March 1, 2024 at 12:25 PM.