Spirit AeroSystems Gets A Bond | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Thu, Oct 20, 2005

Spirit AeroSystems Gets A Bond

Money Helps Kansas Company Start Work On 787

Kansas Tuesday stepped up for one of its own -- lawmakers unanimously approving $80 million in bond financing for Spirit AeroSystems of Wichita so it can fulfill its part in building Boeing's 787 Dreamliner.

The money goes toward upgrades for the Wichita company's plant, once owned by Boeing. Governor Kathleen Sebelius and leaders in the state legislature agreed without dissent that the plant upgrades, combined with the 787 contract, would help secure 1,500 jobs in Wichita -- a town that's been hard-hit by aviation's economic downturn.

"These jobs would not be there today or tomorrow without this new bond program," Mike Germann, Spirit's VP for communications, told the Wichita Eagle.

Sebelius went a step further. "These are good, well-paying jobs. I think we want to keep them here," she told the paper.

Spirit will pay back the interest on the bonds using state withholding taxes on the jobs created by the measure.

FMI: www.ksgovernor.org

Advertisement

More News

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.20.24): Light Gun

Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

ANN's Daily Aero-Term (04.21.24): Aircraft Conflict

Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC