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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 on these matters," a Spirit spokesperson said.
Spirit AeroSystems raises doubt about continuing as a ‘going concern’
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing's sharply reduced production rates and to other factors driving steep losses on its Airbus and Boeing programme work.
Spirit AeroSystems responds after Boeing strike ends
Wichita-based Spirit AeroSystems says it will soon end the furloughs of some of its employees and has no immediate plans to implement additional furloughs or layoffs after Boeing workers approved
Spirit AeroSystems raises doubts over ‘ability to continue as going concern’
Accordingly, these conditions and events raise substantial doubt about the Company’s ability to continue as a going concern…” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties at jet maker Boeing Co.
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company would be able to continue as a going concern.
Boeing Supplier Spirit AeroSystems Faces Liquidity Challenges, Raises Doubts About Ongoing Viability
Spirit AeroSystems Holdings Inc. (SPR), a major supplier to Boeing, reported significant operating losses in recent years and raised
Spirit AeroSystems says layoffs, furloughs may be needed
Spirit AeroSystems Holdings, Inc. said it has developed a plan to improve its situation, but it will depend on things, including the outcome of its merger agreement with Boeing, i
7h
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 ...
1d
on MSN
U.S. Army defense program to stay in Wichita after Spirit is dropped as a supplier
Bell Textron, a subsidiary of Wichita-based Textron Aviation, will take over a U.S. Army defense program after the program ...
KSNW Wichita on MSN
1d
Analyst talks about Spirit filing with SEC
In a new filing with the government, Spirit Aerosystems said this week there is “substantial doubt about the Company’s ...
1h
Wichita State’s game day changes spark outrage among cheer and dance teams
Backlash continues from a recent decision by Wichita State University to move some of its cheer and dance team members from ...
KAKE.com
6d
Spirit AeroSystems, SPEEA reach tentative agreement on new contract for Wichita engineers
The bargaining team for union-represented engineers has reached an agreement with Spirit AeroSystems on a new four-year ...
6d
Spirit AeroSystems presents Wichita engineering union with four-year contract offer
Spirit AeroSystems has presented its engineering union in Wichita with a four-year contract offer, a spokesperson for the ...
6d
on MSN
Spirit AeroSystems union engineers to vote on new contract
WICHITA
, Kan. (KWCH) - A
Spirit
AeroSystems spokesperson said on Friday that the company has presented a four-year ...
National Catholic Register
16h
‘Fighting Spirit’: A Film for Veterans Day on Courage, and Faith, Under Fire
Watch a journey of healing for one former chaplain, a moving boost for the cause of Chaplain Kapaun, and a triumphant ode to military chaplains.
Athletic Business
3d
Wichita State AD Defends Premium Baseline Seating Despite Disruptions to Cheer, Dance Teams
Wichita State athletic director Kevin Saal on Sunday defended the athletic department's decision to continue with a plan to ...
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