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Spirit Aero raises doubts over ability to continue
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 Aero raises doubts over ability to continue as going concern
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ability to continue as a going concern.
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
1h
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 ...
ksn.com
1h
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 ...
Yahoo Finance
1d
Spirit AeroSystems responds after Boeing strike ends
It also says a plan to improve liquidity could include layoffs and more furloughs.
WICHITA
, Kan. (KSNW) —
Wichita
-based ...
5d
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 ...
5d
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 ...
8d
Spirit AeroSystems, SPEEA back at negotiating table after pause
The negotiations hit the brakes earlier this month after SPEEA pointed to a "chasm" between the sides on key issues.
13d
on MSN
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
KAKE.com
5d
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 ...
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