Losses have soared to $1.5 billion this year as the company weathers Boeing’s commercial airplane facilities’ strike.
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit AeroSystems ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing ...
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
Spirit AeroSystems, Boeing's key supplier, has raised substantial doubt about its ability to continue as a going concern.
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...
The designer and manufacturer for commercial and defense aircraft said its liquidity has been affected in part by the strike ...