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Last month, Spirit Aero said it was burning through dwindling cash reserves, as a strike by Boeing's (BA.N), opens new tab U.S. factory workers hammered the Wichita, Kansas-based supplier that ...
(Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, sending shares in all three ...
Spirit Aero Gets Help From Boeing, Airbus to Prop up Weak Finances By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 ...
Spirit AeroSystems logo. (PRNewsFoto/Spirit AeroSystems, Inc.) (PRNewsfoto/Spirit AeroSystems) First Quarter 2025 Revenues of $1.5 billion EPS of $(5.21); Adjusted EPS* of $(4.25) Cash used in ...
Wichita, Kansas-based Spirit Aero said in February it has total financial liquidity of $890 million but expects to burn $650 million to $700 million in free cash during the first half of 2025 ...
The $37.25 deal price values Spirit Aero at $4.7 billion, according to Boeing. “We believe this deal is in the best interest of the flying public, our airline customers, the employees of ...
(Reuters) -Boeing has offered to acquire Spirit AeroSystems in a deal funded mostly by stock that values its 737 fuselage supplier at about $35 per share, Bloomberg News reported on Monday ...
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