Boeing will provide Spirit AeroSystems with up to $350M cash lifeline
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with around 12,800 full-time workers, previously disclosed it has spent all of that money, as well as the entirety of a $350 million bridge loan that was set up earlier this year.
The Benchmark Company has recently reduced Spirit AeroSystems Holdings Inc (SPR) stock to Hold rating, as announced on June 20, 2024, according to Finviz. Earlier, on February 8, 2024, TD Cowen had ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the ...
Airbus (OTCPK:EADSY) is nearing an agreement to provide funding and revised payment terms to Spirit AeroSystems (NYSE:SPR) as ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
Spirit Airlines, a popular choice for low-cost airfare, may be heading for bankruptcy after a possible merger with Frontier ...
Spirit Airlines (SAVE) said last night that its unable to file its quarterly report for the quarter ended September 30 “by the prescribed ...
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly ...
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