Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with Airbus
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Spirit AeroSystems has announced a new agreement with Airbus, which includes a $107 million non-interest-bearing line of credit from Airbus to Spirit.
November 12, 2024 | 9:30 pm
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Spirit AeroSystems has secured a $107 million non-interest-bearing line of credit from Airbus, enhancing its financial flexibility.
The agreement with Airbus provides Spirit AeroSystems with significant financial support, which can improve its liquidity and operational capabilities. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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