Boeing will provide Spirit AeroSystems with up to $350M cash lifeline
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with around 12,800 full-time workers, previously disclosed it has spent all of that money, as well as the entirety of a $350 million bridge loan that was set up earlier this year.
In a goodwill gesture to Boeing employees who were furloughed during the Machinists strike, new CEO Kelly Ortberg on ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier ...
HM Dunn AeroSystems CEO Phil Anderson said he's seeing a lack of diversification and balance sheet issues impact some local ...
Boeing employees about 16,700 people in the St. Louis region, mostly in its defense business. Workers here did not join the ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...
The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. The union rejected ...
KSNW Wichita on MSN7d
Spirit AeroSystems says layoffs, furloughs may be neededWICHITA, Kan. (KSNW) — In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the ...
Talks have resumed between Boeing and the International Association of Machinists & Aerospace Workers (IAM) District 751 on ...
The announcement underscores the fact that victory is only possible if workers seize control of the strike from the sellout ...
Boeing is also continuing with plans to cut about 17,000 jobs. Meanwhile, the strike exacerbated inventory and storage ...
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