Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...
A major Boeing (BA) supplier is worried it won’t be able to continue as a business for much longer. Fuselage builder Spirit ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
Employment growth slowed sharply last month, with nonfarm payrolls increasing by only 12,000 jobs, the fewest since December ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
In the Spirit filing with the government, the statement goes on to say Spirit is considering additional strategies, including ...
Boeing has told its employees that furloughed employees will receive pay for the period when they were temporarily laid off, ...
Aerospace supplier TransDigm Group on Thursday forecast its annual profit and revenue below analysts' expectations and highlighted risks around the pace of commercial jetliner production as the ...