{"id":642403,"date":"2024-04-24T09:40:13","date_gmt":"2024-04-24T04:10:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=642403"},"modified":"2024-04-24T12:22:58","modified_gmt":"2024-04-24T06:52:58","slug":"boeing-spirit-agree-on-425-mn-deal-to-address-suppliers-issues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-spirit-agree-on-425-mn-deal-to-address-suppliers-issues\/","title":{"rendered":"Boeing, Spirit agree on $425 mn deal to address supplier&#8217;s issues"},"content":{"rendered":"<p>Spirit AeroSystems said Boeing would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the US aviation regulator capped the planemaker&#8217;s 737 MAX production. <\/p>\n<p>The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January. <\/p>\n<p>Under the deal, Spirit will maintain a production rate that supports Boeing&#8217;s contractual production demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spirit AeroSystems said Boeing would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the US aviation regulator capped the planemaker&#8217;s 737 MAX production. The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January. Under the deal, Spirit will maintain a production rate that supports Boeing&#8217;s contractual production demand.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-642403","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/642403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=642403"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/642403\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=642403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=642403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=642403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}