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Airbus nears deal on funding, payment terms with Spirit Aero, source says
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said.
Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. The jet maker said Tuesday that the advance payments are intended to help Spirit address high levels of inventory and lower operational cash flows.
Boeing throws Spirit $350 million lifeline to support output
Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important supplier a financial lifeline ahead of the planned purchase of the company.
Reuters
14h
Airbus CEO says SpaceX would not pass anti-trust test in Europe
SpaceX's concentrated model contrasts with Europe's distributed approach, Faury says
Airbus
CEO highlights Europe's need to ...
23h
Cramped Quarters of New Airbus Jet Shake Up Iberia Cabin Routine
Travelers on Iberia’s Airbus A321XLR maiden flight from Madrid to Boston will notice some subtle changes to the passenger ...
2d
Airbus: No Boeing-Like Crisis, But Airplane Delivery Target Is Slipping
Airbus SE's delivery target faces risk, but strong demand and a large backlog ensure stability. See why EADSY stock continues ...
2d
Spirit Aero Gets Help From Boeing, Airbus to Prop up Weak Finances
(Reuters) - Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the ...
2d
on MSN
China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus
The ARJ21 is now to be known as the C909. The renaming plays into COMAC's ambition to enter the global market.
SEAPOWER
12h
Airbus MH-65 Dolphin Helicopter Passes 40 Years of Coast Guard Service
Today, Nov. 14, Airbus and the U.S. Coast Guard (USCG) are celebrating the 40th anniversary of the Airbus MH-65 Dolphin ...
3d
Airbus defends free trade amid growing tariff jitters
ZHUHAI, China, Nov 12 (Reuters) - The head of Airbus (AIR.PA) China said on Tuesday that Chinese certification of its A330neo ...
AeroTime
4h
BOC Aviation and Turkish Airlines sign lease agreement for six Airbus A321neos
BOC Aviation and Turkish Airlines have signed a lease agreement for the supply of six new Airbus A321neos to the carrier.
RCR Wireless News
2d
Airbus to replace Wi-Fi with 5G in “all industrial areas” within five years
Airbus talks private 5G in relation to... targets, vendors, blueprints, integration, URLLC, RedCap – and is brilliant in ...
3d
Iberia Airlines First To Put Airbus A321XLR Into Commercial Service
Iberia Airlines flew the first commercial flight of the Airbus A321XLR on November 6, the beginning of an era of ultra-long ...
AeroTime
1d
Certification of A330neo in China progressing well says Airbus boss
The certification program of the A330neo in China is progressing well says Airbus boss as the COMAC C929 wins its first ...
4h
American Airlines Airbus A321neo Flies Near Honolulu's Mountainous Terrain After Crew Error
An air traffic controller instructed the pilots to expedite their climb after they failed to make an “assigned turn.” ...
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