Search results
Results from the WOW.Com Content Network
(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 ...
(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 ...
It’s safe to say the 19-year experiment that is Spirit AeroSystems has officially crashed and burned. What started out as a plot for Boeing to cut its costs by shedding higher-paid employees ...
Pressed to get a handle on persistent quality control issues, The Boeing Co. has reached agreement on a $8.3 billion deal to reacquire Spirit AeroSystems, 19 years after selling its sprawling ...
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 agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation.
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 ...