Spirit Aero raises doubts over ability to continue

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.”
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.
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 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.
Spirit AeroSystems says layoffs, furloughs may be needed
Spirit AeroSystems Holdings, Inc. said it has developed a plan to improve its situation, but it will depend on things, including the outcome of its merger agreement with Boeing, i
Boeing Supplier Spirit AeroSystems Faces Liquidity Challenges, Raises Doubts About Ongoing Viability
Spirit AeroSystems Holdings Inc. (SPR), a major supplier to Boeing, reported significant operating losses in recent years and raised
In wake of Spirit SEC filing, aerospace analyst 'would not be surprised' to see another Boeing cash advance
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
U.S. Army defense program to stay in Wichita after Spirit is dropped as a supplier
Bell Textron, a subsidiary of Wichita-based Textron Aviation, will take over a U.S. Army defense program after the program ...
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Analyst talks about Spirit filing with SEC
In a new filing with the government, Spirit Aerosystems said this week there is “substantial doubt about the Company’s ...
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 ...
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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 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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Spirit AeroSystems, SPEEA reach tentative agreement on new contract for Wichita engineers
The bargaining team for union-represented engineers has reached an agreement with Spirit AeroSystems on a new four-year ...
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Wichita Veterans Day Parade adds more events
The Wichita Veterans Day Parade will be held this Saturday, Nov. 9, beginning at 11 a.m. The parade will start at Central and ...