Supply issues that contributed to the structural and quality defects on 737 MAX fuselages precipitated cash shortage – and now threaten the survivability of the aerostructure ...
Airbus Admits To New Production Challenges, Hires MTU’s Wagner is available to both Aviation Week & Space Technology and AWIN subscribers. Subscribe now to read this content, plus receive critical ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...
Spirit AeroSystems reported significant net losses of $1.5 billion year-to-date, with cash used in operations amounting to $1.25 billion. As the third quarter concluded, Spirit's debt stood at $4.4 ...
Ben Baldanza, the former CEO of Spirit Airlines, died on Tuesday following a battle with ALS. He was 62 years old.
In Q3, despite its quarterly revenues climbing slightly to $1.47 million from $1.43 million, Spirit AeroSystems’ costs ...
Spirit's cash balance at the end of the third quarter of 2024 was $218 million, according to an October filing ...
In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to ...
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ...
The walkout has led to pains within the aerospace supply chain in Wichita, including furloughs at Boeing's largest supplier, ...
Airbus is on track to finalize its acquisition of a work package from Spirit AeroSystems before the end of 2024, marking a ...