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Spirit Aero raises doubts over ability to continue
Spirit AeroSystems Reports "Substantial Doubt" Over Continuing As A Going Concern
In Q3, despite its quarterly revenues climbing slightly to $1.47 million from $1.43 million, Spirit AeroSystems’ costs ballooned to $1.7 billion, resulting in an operating and net loss of $350.1 million and $476.6 million, respectively.
Spirit AeroSystems warns of ability to continue as going concern amid cash crunch
Spirit AeroSystems, Boeing's key supplier, has raised substantial doubt about its ability to continue as a going concern. Read more.
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 plans no additional furloughs or layoffs after Boeing strike ends
Wichita-based Spirit AeroSystems says it is not planning to implement additional furloughs or layoffs after Boeing workers approved a contract offer on Monday.
Spirit AeroSystems responds after Boeing strike ends
Spirit AeroSystems started furloughs on Oct. 28 for 700 workers on Boeing’s 767 and 777 widebody jet programs. The furloughs will end on Nov. 18. Learn more at: <a href="
3d
on MSN
Examined: How A Spirit-Frontier Merger Would Change The US Airline Market
If Spirit and Frontier were to join forces, it would become the nation's largest ultra-low-cost airline, and the ...
12d
Spirit conducted new merger talks with Frontier amid potential bankruptcy, reports say
Spirit Airlines is reported to have conducted merger talks with a familiar suitor — Frontier Airlines of Denver. Discussions ...
Opinion
TravelPulse
3d
Opinion
What Are the Prospects for a Frontier-Spirit Airline Merger?
Spirit is financially troubled and vulnerable right now, and Frontier sees an opening. Spirit may be having its share of ...
3d
Is Spirit Airlines Worth the Gamble Amid Bankruptcy Fears?
Spirit Airlines is working from a position of weakness, and the risk is very high for investors that put money into the stock ...
Travel + Leisure
13d
Spirit and Frontier Airlines May Merge — How It Could Affect Customers
Sounds like déjà vu? It is. Frontier and
Spirit
first unveiled plans for a $2.9 billion
merger
in February 2022 that ...
6d
Talks reportedly resume for possible Spirit, Frontier merger
Talks have reportedly resumed for a possible merger between Spirit and Frontier Airlines. A Wall Street Journal report said ...
11d
Spirit Airlines explores merger with Frontier Airlines as bankruptcy looms, WSJ reports
Two airlines that previously had canceled a multibillion-dollar acquisition deal are exploring a combination once again, ...
6d
on MSN
Spirit Airlines Hopes Furloughing 330 Pilots Will Clear Path To Profitability
Spirit Airlines announced on Thursday that it will furlough 330 pilots at the end of January next year. The canary ...
Business Insider on MSN
12d
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have emerged in recent weeks it ...
Yahoo Finance
13d
Frontier, Spirit Airlines Reportedly Resume Merger Talks Amid Financial Struggles
The Journal said that
Spirit
's attempts to reorganize its debt via bankruptcy would include a possible
merger
with ...
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