In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
In a goodwill gesture to Boeing employees who were furloughed during the Machinists strike, new CEO Kelly Ortberg on Thursday ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...
Earlier this year, we reported on the DEI troubles at Boeing, which an insider described in this way: “DEI is the drop you ...
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
Employment growth slowed sharply last month, with nonfarm payrolls increasing by only 12,000 jobs, the fewest since December ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
Boeing has told its employees that furloughed employees will receive pay for the period when they were temporarily laid off, ...