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 ...

Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...

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 ...

Employment growth slowed sharply last month, with nonfarm payrolls increasing by only 12,000 jobs, the fewest since December ...

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

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 ...

According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...

Boeing has told its employees that furloughed employees will receive pay for the period when they were temporarily laid off, ...