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

SpaceX to Launch Inversion RAY Reentry Vehicle in Fall

Inversion to Launch Reentry Vehicle Demonstrator Aboard SpaceX Falcon 9 This fall, the aerospace startup Inversion is set to launch its Ray reentry demonstrator capsule aboard Spac>[...]

Aero-News: Quote of the Day (04.23.24)

"We are excited to accelerate the adoption of electric aviation technology and further our journey towards a sustainable future. The agreement with magniX underscores our commitmen>[...]

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>[...]

ANN's Daily Aero-Linx (04.20.24)

Aero Linx: OX5 Aviation Pioneers Each year a national reunion of OX5 Aviation Pioneers is hosted by one of the Wings in the organization. The reunions attract much attention as man>[...]

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>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 04.22.24: Rotor X Worsens, Airport Fees 4 FNB?, USMC Drone Pilot

Airborne 04.19.24: Boom Supersonic, Aviation Alliance, BRM Electric

Airborne Affordable Flyers 04.18.24: Carbon Cub UL, Fisher, Affordable Flyer Expo

See All

Advertisement

Podcasts

Advertisement

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