Spirit Aero losses deepen, burns cash amid Boeing strike Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing US factory workers hammered the finances of its biggest ... 10/24/2024 - 12:17 pm | View Link
Spirit Aero losses deepen, burns cash as Boeing strike bites (Corrects story from Oct. 23, paragraph 3 and bullet point, to clarify that Spirit did receive $425 million cash from Boeing and that the amount was increased and partly repaid) (Reuters) -Spirit ... 10/24/2024 - 9:49 am | View Link
Boeing strike barrels on as workers reject wage deal SEATTLE, Oct 23 (Reuters) - Boeing (BA.N) factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to new CEO Kelly Ortberg's plan to shore up ... 10/23/2024 - 9:44 pm | View Link
MTU Aero Engines beats Q3 expectations led by commercial business German engine manufacturer MTU Aero Engines beat third-quarter profit expectations on Thursday buoyed by commercial original equipment manufacturing and its spare parts business. 10/23/2024 - 6:37 pm | View Link
Boeing to cut 17,000 jobs as losses deepen during factory strike Boeing plans to cut about 10% of its workforce of roughly 170,000 people. The manufacturer will also delay the launch of its new 777X wide-body planes until 2026. A factory strike is almost a month ... 10/11/2024 - 9:42 am | View Link