Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing and up to $107 million from Airbus , giving the struggling supplier a ...
Dhierin Bechai delves into Spirit Airlines bankruptcy, Boeing's turnaround plans and why Lockheed Martin looks promising.
Inc. ("Spirit" and, together with its consolidated subsidiaries, the "Company") by Boeing (the "Merger") pursuant to Spirit's agreement and plan of merger with Boeing (the "Merger Agreement") and ...
The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...
The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...
Boeing, which plans to buy back its one-time ... Spirit would have to repay anything it still owed in cash at the end of 2025, though this is also expected to become moot after the merger.
Just yesterday, we heard about its key supplier, Spirit AeroSystems (SPR), being considered for a bailout move that will help keep it afloat until the merger, which is expected to hit in 2025.