UK Probes Boeing’s $4.7B Deal for Spirit AeroSystems
The UK’s Competition and Markets Authority (CMA) has launched an investigation into Boeing’s proposed $4.7 billion acquisition of long-time partner… Read More »
Spirit AeroSystems Q1 Revenue Dips on Boeing Cuts
Spirit AeroSystems, a U.S. aerostructures manufacturer, reported a decline in revenue for the first quarter of 2025 compared to the… Read More »
Spirit AeroSystems Raises Concerns About Going Concern Status
Spirit AeroSystems (SPR.N), a vital supplier to Boeing, has expressed “substantial doubt” regarding its ability to continue as a going… Read More »
Spirit AeroSystems to Furlough 700 Amid Boeing Strike
Spirit AeroSystems, a key supplier to Boeing, announced plans to furlough approximately 700 employees as the machinist strike at Boeing… Read More »
Spirit AeroSystems’ Losses Widen as Cash Reserves Drop Amid Boeing Strike
Spirit AeroSystems reported mounting losses in its third-quarter earnings, with net losses reaching $217 million, more than double the $101… Read More »
Spirit AeroSystems Faces 737 Fuselage Inventory Surge
Spirit AeroSystems is currently facing a significant buildup in its 737 inventory due to fluctuations in the production rates between… Read More »
Boeing and Spirit AeroSystems Face Safety Scrutiny at Federal Hearing Over 737 Max Incident
Boeing and its fuselage supplier, Spirit AeroSystems, are under examination at a two-day federal safety hearing that started Tuesday, focusing… Read More »
Spirit AeroSystems CEO Patrick Shanahan to Receive $28.5 Million Exit Package Following Boeing Merger
Patrick Shanahan, CEO of Spirit AeroSystems, is set to receive a substantial $28.5 million payout as the company finalizes its… Read More »
Boeing’s Strategic Moves: Spirit AeroSystems Acquisition and CEO Speculations
Boeing is making significant strategic moves, with its recent announcement on July 1 of acquiring Spirit AeroSystems, its largest supplier,… Read More »
Airbus Secures $559 Million Compensation in Spirit AeroSystems Deal for Loss-Making Operations
Airbus has announced a strategic acquisition involving specific loss-making operations of Spirit AeroSystems, as part of a wider plan that… Read More »
Boeing’s Acquisition of Spirit AeroSystems: Impact and Implications
Boeing announced Jul. 1 it has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock… Read More »
Boeing Nears Potential $4 Billion Acquisition of Spirit Aerosystems Amid Operational Challenges
Boeing is reportedly on the verge of closing a deal to acquire Spirit Aerosystems, the manufacturer of the 737 Max… Read More »
Airbus Set to Expand Operations with Acquisition of Four Spirit AeroSystems Plants
Airbus is on the verge of significantly expanding its operational footprint, as it prepares to take over activities at four… Read More »
Spirit AeroSystems and Airbus Face Tough Negotiations Amid Financial Struggles
As Spirit AeroSystems navigates through turbulent times, recording staggering first-quarter losses, its partnership with Airbus faces pivotal discussions. With losses… Read More »
Whistleblower Claims Boeing Supplier Spirit AeroSystems Shipped Defective Parts
Santiago Paredes, a whistleblower from Spirit AeroSystems, which is a major supplier to Boeing, has raised alarming accusations about the… Read More »
Spirit AeroSystems Considers Capital Raise Following Challenging Q1 and Boeing Turbulence
Spirit AeroSystems, a major supplier in the aerospace sector, is exploring various liquidity options, including the possibility of entering the… Read More »
Airbus Seeks Compensation to Absorb Struggling Spirit AeroSystems Operations, Sources Report
In a bid to facilitate a potential merger deal between Spirit AeroSystems and Boeing, Airbus has reportedly requested financial compensation… Read More »
Spirit AeroSystems and Airbus Set to Discuss Takeover of Manufacturing Assets in Upcoming New York Meeting
Spirit AeroSystems Holdings and Airbus are reportedly gearing up for high-level talks regarding the potential takeover of crucial airplane manufacturing… Read More »
Boeing Provides $425 Million in Advance Payments to Spirit AeroSystems Amid 737 MAX Production Challenges
Boeing has agreed to forward $425 million in advance payments to Spirit AeroSystems to help the supplier manage increased inventory… Read More »
Boeing’s Attempt to Reacquire Spirit AeroSystems Faces Airbus Obstacle
Boeing’s endeavor to regain ownership of Spirit AeroSystems Holdings, a move aimed at reversing a divestment made in 2005, is… Read More »
Boeing Set to Address CEO Search, Spirit AeroSystems Negotiations, and 737 MAX Concerns in Upcoming Earnings Call
Boeing is poised to face a series of challenging questions during its earnings announcement on Wednesday. Stakeholders are keenly awaiting… Read More »
Airbus CEO Considers Acquisition of Spirit AeroSystems Facilities Amid Boeing Deal
Airbus CEO Guillaume Faury has indicated that acquiring two Spirit AeroSystems factories is a plausible scenario, as reported by Reuters…. Read More »