Spirit Aero raises doubts over ability to continue

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 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.
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 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 key Boeing supplier has 'substantial doubt' it can stay in business
A major Boeing (BA) supplier is worried it won’t be able to continue as a business for much longer. Fuselage builder Spirit AeroSystems (SPR) worries it won’t have enough cash to continue operations.
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
New Dreamliner order hits in midst of Boeing strike, Spirit AeroSystems furloughs
Boeing's largest supplier — the order pointed to continued commercial aviation demand seen across the globe. There's much ...
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As Boeing's Takeover of Spirit AeroSystems Approaches, Going It Alone Becomes Less and Less Viable
Spirit AeroSystems was the largest independent aerostructure manufacturer, originally spun out of Boeing in 2005. The firm produces fuselages, wing structures, and structures that house and ...
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Boeing’s Stock Down 41%+ YTD as Challenges Persist, Including Key Supplier Woes
These issues have compounded to impact Boeing’s stock performance, influencing investor sentiment and market dynamics in the ...
Boeing machinists agree to new contract, ending weeks-long strike
Related Boeing Machinists reject deal to end nearly six-week strike Boeing to lay off 17,000 workers, delay 777X rollout ...
Where Boeing's defense and space business stands — and why it matters to Wichita
Boeing CEO Kelly Ortberg said on Wednesday's earnings call that the company's defense and space segment needs more ...
Boeing’s Financial Support and Inventory Buffer Strengthen Spirit AeroSystems’ Buy Rating Amid Challenges
TD Cowen analyst Cai von Rumohr maintained a Buy rating on Spirit AeroSystems (SPR – Research Report) today and set a price target of ...
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Boeing's machinist union to vote on new contract
The plant closures because of the strike have left hundreds of Spirit AeroSystems employees furloughed while Boeing has ...
Key piece of Boeing's Spirit AeroSystems acquisition — involving aviation giant's arch-rival — remains on track
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...