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Airbus Extends Financial Aid To Spirit AeroSystems

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Airbus has committed to providing an additional $94 million in financial support to Spirit AeroSystems, increasing its total assistance to the U.S.-based aerostructures manufacturer to $152 million. This move comes amid efforts to stabilize production and supply chain challenges that have impacted major aircraft programs, particularly the A220 and A320neo families for which Spirit is a key supplier.

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Fitch Ratings Highlights Boeing’s Progress in Production Recovery and Financial Management

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Fitch Ratings (US) has reported that Boeing is making early progress in resuming production, following recent challenges, while also working to reduce legacy inventory and improve supply chain management. These developments are seen as critical factors in Boeing’s long-term operational and financial recovery.