Boeing is also continuing with plans to cut about 17,000 jobs. Meanwhile, the strike exacerbated inventory and storage issues ...
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 ...
Wichita-based Spirit AeroSystems says it will soon end the furloughs of some of its employees and has no immediate plans to ...
Earlier this year, we reported on the DEI troubles at Boeing, which an insider described in this way: “DEI is the drop you ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
A major Boeing (BA) supplier is worried it won’t be able to continue as a business for much longer. Fuselage builder Spirit ...
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 ...