Spirit AeroSystems raises doubt about continuing as a ‘going concern’
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing's sharply reduced production rates and to other factors driving steep losses on its Airbus and Boeing programme work.
Spirit AeroSystems reports ‘substantial doubt’ about its ability to keep operating
Spirit AeroSystems reported on Tuesday in a quarterly filing that “substantial doubt” exists about the company’s ability to continue “as a going concern.”
New Spirit AeroSystems filing raises further concern over company's health
"We retain a range of options and levers to address our financial and spacing constraints and are working with our customers on these matters," a Spirit spokesperson said.
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company would be able to continue as a going concern.
Spirit Aero raises doubts over ability to continue as going concern
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ability to continue as a going concern.
Spirit AeroSystems raises doubts over ‘ability to continue as going concern’
Accordingly, these conditions and events raise substantial doubt about the Company’s ability to continue as a going concern…” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties at jet maker Boeing Co.
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Spirit AeroSystems says layoffs, furloughs may be needed
In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to ...
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Spirit AeroSystems plans no additional furloughs or layoffs after Boeing strike ends
Wichita-based Spirit AeroSystems says it is not planning to implement additional furloughs or layoffs after Boeing workers ...
Spirit AeroSystems union engineers to vote on new contract
WICHITA, Kan. (KWCH) - A Spirit AeroSystems spokesperson said on Friday that the company has presented a four-year ...
Spirit AeroSystems presents Wichita engineering union with four-year contract offer
Spirit AeroSystems has presented its engineering union in Wichita with a four-year contract offer, a spokesperson for the ...
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Bell Textron Wichita will help build Army Blackhawk’s replacement
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