Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
In a goodwill gesture to Boeing employees who were furloughed during the Machinists strike, new CEO Kelly Ortberg on Thursday ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
A major Boeing (BA) supplier is worried it won’t be able to continue as a business for much longer. Fuselage builder Spirit ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
Kelly Ortberg wants Boeing focused on being an airplane company with our own culture and vision. The resulting cash crunch from the strike accelerated this culture ... when you face a real cash crunch ...
Employment growth slowed sharply last month, with nonfarm payrolls increasing by only 12,000 jobs, the fewest since December ...
In a new filing with the government, Spirit Aerosystems said this week there is “substantial doubt about the Company’s ...
Boeing has told its employees that furloughed employees will receive pay for the period when they were temporarily laid off, ...