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.
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report ...
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
Airlines have been celebrating since Donald Trump's election, but optimism over less regulation is tempered by Boeing's ...
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
A recent report claims Boeing is looking into the possible sale of its Jeppesen navigation unit. After a rocky 2024, the sale ...
Spirit Airlines is reportedly considering bankruptcy protection. That could mean flying fewer routes, allowing competitors to ...
The purchase was announced the same day Boeing and Spirit AeroSystems disclosed an agreement in which Boeing will ...
The budget airline, which is reportedly on the brink of bankruptcy after its merger talks with Frontier collapsed, is known ...
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