Spirit AeroSystems aims before the end of February to secure a revised supply agreement with Airbus, in an effort to help turn around loss-making production programmes.
Elevated costs, production slowdowns and delayed 737 fuselage deliveries drove aircraft structures producer Spirit AeroSystems to a $415 million loss in the second quarter of 2024. The results, disclosed by the Wichita company on 5 August, mark another distressing quarter for Spir...
Boeing tells Spirit AeroSystems to slash output for the third time this year, another sign the airplane maker is struggling with slumping demand for new planes. BASPR Spirit Aerosystems Holdings Inc. News from TheStreet Pro Trade Ideas Jul 1, 2024 12:20 PM EDT PROBoeing's Charts Still Sho...
Spirit AeroSystems will also suspend Boeing work performed at its facilities in Wichita, Kan., and in Tulsa and McAlester, Okla. This action will begin Wednesday, March 25, and last 14 calendar days, until April 8. Spirit will continue to ...
said Monday that it will buy back its struggling fuselage makerSpirit AeroSystemsin an all-stock deal that the plane maker has said will improve safety and quality control. It said it agreed to pay $37.25 a share in Boeing stock for Spirit, giving the plane supplier an equity value of $...
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) Q3 2020 earnings call datedNov. 03, 2020 Corporate Participants: Ryan Avey—Director of Investor Relations and Financial Planning and Analysis Thomas C. Gentile—President and Chief Executive Officer ...
Spirit AeroSystems today posted a 26% decline in net earnings during the first quarter, blaming slower output on the aftermath of the machinists strike at...
Spirit AeroSystems When that fuselage is integrated with wings, systems, engines and interiors in Boeing’s final assembly plant, the 737 will become the first aircraft of the jet age to achieve the 10,000th delivery milestone. The first 737-100 entered service with Lufthansa 50 years and fou...
Troubles with Boeing’s 787 programme and pandemic-related pressures pushed aerospace component manufacturer Spirit AeroSystems to a $541 million loss in 2021.
Boeing agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation.