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Spirit Aerosystems gains
Airbus nears funding, payment terms with Spirit AeroSystems- Reuters
Airbus (OTCPK:EADSY) is nearing an agreement to provide funding and revised payment terms to
Spirit
AeroSystems
(NYSE:SPR) as the aircraft parts maker struggles with its finances.
Spirit
shares fell 1.1%. An agreement could be reached as soon as Wednesday ...
Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. The jet maker said Tuesday that the advance payments are intended to help Spirit address high levels of inventory and lower operational cash flows.
Boeing to pay Spirit AeroSystems up to $350M in advance payments
On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The agreement calls for Spirit to produce Boeing products at the rates required by Boeing.
3h
Airbus follows Boeing's cash lifeline to Spirit AeroSystems with an assist of its own
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
4h
Boeing throws Spirit $350 million lifeline to support output
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...
Flightglobal
7h
Spirit AeroSystems secures fresh loan from Boeing amid cash crunch
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
AOL
8h
Spirit Aero to receive up to $350 million in funding from Boeing
(Reuters) -
Spirit
AeroSystems
said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the ...
Yahoo News Singapore
15h
Boeing is giving its troubled supplier Spirit AeroSystems an awkward $350 million bailout
Fuselage manufacturer
Spirit
AeroSystems
(SPR) sounded the alarm last week that it might not be able to stay in business ...
5d
In wake of Spirit SEC filing, aerospace analyst 'would not be surprised' to see another Boeing cash advance
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
bovnews
1d
How Does Spirit AeroSystems Holdings Inc (SPR) Stack Up Against Its Industry Peers?
On Friday,
Spirit
AeroSystems
Holdings Inc (SPR) stock saw a modest uptick, ending the day at $31.15 which represents a slight increase of $0.29 or 0.94% from the prior close of $30.86. The stock ...
4d
Spirit AeroSystems' Future Faces 'Substantial Doubt'
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
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