By Tim Hepher BRUSSELS (Reuters) – The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would “not be a walk in the park”. Airbus plans to take over the running of four Spirit plants…
By Allison Lampert and Tim Hepher (Reuters) – Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said. A deal could be announced in the next few days, said the source, who spoke on condition…
(Reuters) -Spirit AeroSystems, a key supplier to U.S. planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company would be able to continue as a going concern. Last month, Wichita, Kansas-based Spirit Aero said it was burning through dwindling cash reserves, as a strike by Boeing’s U.S. factory workers hammered the planemaker’s biggest…