Since the start of 2020 the airline has lost more than $2.5 billion and has built up looming debt payments in 2025 and 2026 which total more than $1 billion.
The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.
In an effort to recover from financial troubles, Boeing lays off hundreds of workers. How will it impact Spirit AeroSystems?
Losses have soared to $1.5 billion this year as the company weathers Boeing’s commercial airplane facilities’ strike.
A 25.1% increase in revenue and a quadrupled EBIT are being reinforced by initiatives to improve workforce shortages and ...
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report ...
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
Boeing Machinists Return to Work After Strike But Uncertainty Remains-As it considers deep layoffs, the aerospace giant’s ...
Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. Write to Rob Curran at rob.curran ...
Airbus SE's delivery target faces risk, but strong demand and a large backlog ensure stability. See why EADSY stock continues ...