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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 ...
Last month, Wichita, Kansas-based Spirit Aero said it was burning through dwindling cash reserves, as a strike by Boeing’s US factory workers hammered the planemaker’s biggest supplier. Spirit ...
(Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, sending shares in all three ...
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 ...
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 ...
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.
Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out ...
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 ...