Spirit Aero gets help from Boeing, Airbus to prop up weak finances
2 days ago · A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023.
Spirit AeroSystems Announces Advance Payments Agreement with Boeing
2 days ago · Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, …
Boeing Throws Spirit $350 Million Lifeline to Support Production
2 days ago · The US planemaker is providing a $350 million advance to support production of components for its commercial aircraft, Spirit disclosed in a filing on Tuesday. The money …
Exclusive: Boeing close to funding agreement to help supplier Spirit ...
6 days ago · Cash support from Airbus also an option: source. Nov 8 (Reuters) - Spirit AeroSystems (SPR.N) and Boeing (BA.N) are close to reaching a funding agreement that …
Spirit AeroSystems Announces Acquisition by Boeing in $8.3 …
Jul 1, 2024 · Spirit AeroSystems [NYSE: SPR] ("Spirit") today announced it has entered into a definitive merger agreement under which The Boeing Company [NYSE: BA] ("Boeing") will …
Boeing agrees to buy Spirit AeroSystems as part of plan to shore …
Jul 1, 2024 · Boeing has agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged …
Spirit Aero to be broken up as Boeing agrees $4.7 billion stock deal
July 1 (Reuters) - Boeing (BA.N) agreed to buy back Spirit AeroSystems (SPR.N) for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, …
Boeing to Acquire Spirit AeroSystems
ARLINGTON, Va., July 1, 2024 /PRNewswire/ -- Boeing [NYSE: BA] today announced it has entered into a definitive agreement to acquire Spirit AeroSystems [NYSE: SPR]. The merger is …
$4.7 billion deal: Boeing is buying supplier Spirit AeroSystems | AP News
Jul 1, 2024 · Boeing has announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion. It says the move will improve plane quality and safety. Boeing previously owned Spirit, …
Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
Spirit is obligated to repay 25% of the advance to Boeing on April 30, June 30, Sept. 30 and Dec. 31 of 2026. Boeing agreed in July to acquire Spirit in an all-stock transaction valued at about …