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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
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
6h
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 ...
Aviation Week
2h
Boeing Sees Slow Production Restart, Will Aid Spirit AeroSystems
Boeing Sees Slow Production Restart, Will Aid
Spirit
AeroSystems
is published in Aviation Daily, an Aviation Week ...
3h
Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with Airbus
Spirit AeroSystems (NYSE: SPR) today announces a Second Amended and Restated Memorandum of Agreement with Airbus, in which ...
4d
on MSN
Spirit AeroSystems gains on report it's close to funding agreement with Boeing
Spirit AeroSystems (NYSE:SPR) edged higher by 0.3% after a report that the struggling supplier is close to reaching a funding ...
6d
New Spirit AeroSystems filing raises further concern over company's health
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers ...
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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