Spirit AeroSystems Reports "Substantial Doubt" Over Continuing As A Going Concern
In Q3, despite its quarterly revenues climbing slightly to $1.47 million from $1.43 million, Spirit AeroSystems’ costs ballooned to $1.7 billion, resulting in an operating and net loss of $350.1 million and $476.6 million, respectively.
Airbus is on track to finalize its acquisition of a work package from Spirit AeroSystems before the end of 2024, marking a ...
Airbus says it expects its takeover of part of the Spirit AeroSystems operation in Belfast to be completed by the end of the ...
the company is vulnerable to future decisions taken by Boeing or Airbus to move to a different supplier or aircraft design. Spirit AeroSystems has raised and maintained a considerable amount of ...
Airbus is planning to replace the head of its commercial aircraft business, and stick with its goal to deliver about 770 ...
Airbus is maintaining its full-year delivery estimate and its longer-term production ramp-up targets, although it states that ...
Airbus has selected MTU Aero Engines CEO Lars Wagner as the new head of its commercial aircraft business. Wagner will join ...
Airbus maintained its full-year targets as it posted higher-than-expected third-quarter core profit and revenues on Wednesday ...
Aerostructures producer Spirit AeroSystems lost $477 million in the third quarter of 2024 due largely to significant charges ...
Spirit Airlines is cutting costs by reducing its workforce and selling 23 jets for approximately $519 million. The budget ...
Airbus (AIR) share price has remained on edge this year as supply chain issues have offset its strong demand and growing market share. The stock has barely moved and is about 18% below its highest ...
A Spirit spokesperson said Airbus' stated timeline for finalizing the purchase of certain Spirit assets "aligns with our ...
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