Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
The furloughs and subsequent layoffs were sufficiently painful to drive a real reckoning that forced us to evaluate whether our actions were driving value or just tied to inertia. Rufo: Will this ...
( The Hill) — A Spirit Airlines flight was hit by gunfire in Port-au-Prince, Haiti. The flight was headed to Fort Lauderdale, ...
A Boeing spokesperson said Friday ... Spirit AeroSystems spokesperson Joe Buccino said the temporary furloughs are part of a cost-cutting plan that includes a hiring freeze and restrictions ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
The Fed embarked on its policy easing cycle with an unusually large half-percentage-point rate cut in September, the first ...