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 ...

Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...

The furloughs and subsequent layoffs were sufficiently painful to drive a real reckoning that forced us to evaluate whether our actions were driving value or just tied to inertia. Rufo: Will this ...

Boeing, which plans to buy its one-time subsidiary ... is a key supplier to the world's two major commercial planemakers.

Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.

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 ...

In the Spirit filing with the government, the statement goes on to say Spirit is considering additional strategies, including ...

Aerospace supplier TransDigm Group on Thursday forecast its annual profit and revenue below analysts' expectations and highlighted risks around the pace of commercial jetliner production as the ...

A Boeing spokesperson said Friday ... Spirit AeroSystems spokesperson Joe Buccino said the temporary furloughs are part of a cost-cutting plan that includes a hiring freeze and restrictions ...