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 started furloughs on Oct. 28 for 700 workers on Boeing’s 767 and 777 widebody jet programs. The furloughs will end on Nov. 18. Learn more at: ...
Boeing Co. ($BA) shares slipped to a two-year low after falling over 3% to $144.13 on Wednesday morning after Spirit ...
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 ...
Boeing will take months to increase jet production to the rates targeted before the union workers' strike that ended on ...
Spirit AeroSystems, Boeing's key supplier, has raised substantial doubt about its ability to continue as a going concern.
Spirit AeroSystems reported on Tuesday in a quarterly filing that “substantial doubt” exists about the company’s ability to ...