Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing (BA). Boeing (BA) committed to pay as much as $350 million in the ...

(RTTNews) - Spirit AeroSystems Holdings, Inc. (SPR), Tuesday announced an Advance Payments Agreement by which Boeing Co. (BA) will pay an advance of up to a total of $350 million to produce Boeing ...

WICHITA, Kan. (KWCH) - Spirit AeroSystems announced an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350 million to ...

WICHITA, Kan., Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance ...

Per terms of the agreement, Spirit must repay 25% of the advance to Boeing on April 30, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. Spirit filed a Form 8-K on this matter ...

One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, Boeing is offering help. China's weak economy and record US production will ...

The jet maker said Tuesday that the advance payments are intended to help Spirit address high levels of inventory and lower operational cash flows. Spirit warned last week that it may not be able ...

Airbus agreed to give Spirit up to $107 million in advanced payments in connection with deliveries of parts for the European planemaker. Boeing, which plans to buy back its one-time subsidiary ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants ...