Spirit Aero Gets Help From Boeing, Airbus to Prop up Weak Finances
(Reuters) - Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
Boeing Co. and Airbus SE will provide more than $450 million in financial assistance to help keep key supplier Spirit ...
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Taking a page out of rivals’ playbooks, China’s Comac wants to turn its Shanghai plane factory into a tourism hotspot.
The ARJ21 is now to be known as the C909. The renaming plays into COMAC's ambition to enter the global market.
Airbus SE's delivery target faces risk, but strong demand and a large backlog ensure stability. See why EADSY stock continues ...
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing ...
Emails and tool-tracking software weren't heeded, but nothing scary happened - except to the nylon tool An Airbus A380 ...
The company's equity raise will de-risk its operations, and that's great for its suppliers.
Meanwhile on the supply side, the industry is in a transition period as new freighter models are in the process of being ...
Aerospace startup Natilus is taking on the biggest players in civil aviation, unveiling its plans to build its Horizon ...
Taiwan's China Airlines is nearing a decision to split a multi-billion-dollar order for long-distance passenger jets between ...
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