Boeing, Spirit AeroSystems

Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday. More than 32,000 Boeing machinists walked off the job on Sept.
Spirit AeroSystems and 2 More Supplier Stocks That Could Feel the Impact of Boeing Strike
The ongoing strike by Boeing workers is not only affecting the plane maker, but its suppliers as well after workers rejected the latest deal Wednesday.Spirit AeroSystems stock fell 1.6% to $32.13 early Thursday.
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly Ortberg said.
Spirit AeroSystems posts deep losses in Q3 as Boeing strike hit finances
Boeing suppliers that invested heavily on materials and tooling to support the planemaker's planned ramp-up of jets have been furloughing workers in recent weeks and holding off on investments due
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.
Spirit AeroSystems Faces Strike Aftershocks
Spirit AeroSystems, a U.S. supplier, warns of potential layoffs and furloughs if Boeing's machinist strike continues beyond November. The company cites financial pressures and inventory concerns as reasons for these measures.
Spirit could have layoffs after Boeing strike continues
A Spirit spokesperson told KSN that regardless of the outcome, 700 Spirit workers in Wichita are still being furloughed on Monday. Tonight’s offer would have given 33,000 Boeing machinists a 35% wage increase over four years and end the 41-day strike.
Spirit Aerosystems (SPR) Reports Q3 Loss, Lags Revenue Estimates
Spirit Aerosystems (SPR) delivered earnings and revenue surprises of -1,793.75% and 19.55%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Spirit Aero losses deepen, burns cash as Boeing strike bites
(Reuters) -Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing U.S. factory workers hammered the finances of its biggest supplier.
Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.
Spirit AeroSystems, stock fell 1.1% to $32.29 in the premarket Thursday. GE Aerospace and RTX Corp. are also important suppliers for Boeing. RTX stock has gained 5.7% in the last
Flightglobal21h
Production troubles push Spirit AeroSystems to $447m loss in third quarter
Aircraft structures producer Spirit AeroSystems lost $477 million in the third quarter of 2024 due largely to significant ...
The Business Journals10d
Spirit AeroSystems loses big FLRAA contract from Textron's Bell division
Spirit AeroSystems' defense portfolio has taken a large hit. What it means for Wichita's biggest employer. Spirit ...
MarketWatch22h
Spirit AeroSystems Widens Loss, Posts Lower-Than-Expected 3Q Earnings
Spirit AeroSystems widened its net loss and missed analyst expectations in the third quarter. The plane manufacturer on Wednesday reported a net loss of $477 million, or $4.07 a share, compared ...
WTOP News1d
Spirit Aerosystems: Q3 Earnings Snapshot
WICHITA, Kan. (AP) — WICHITA, Kan. (AP) — Spirit Aerosystems Holdings Inc. (SPR) on Wednesday reported a loss of $476.9 million in its third quarter. On a per-share basis, the Wichita, ...
Spirit Airlines to implement a 21-day furlough for approximately 700 employees
U.S. supplier Spirit AeroSystems will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 ...
Boeing-Spirit and beyond: A look back at 2024 Wichita mergers and acquisitions activity
Wichita-based Pearson Construction continued to expand in the first half of 2024 with the acquisition of Concrete Materials ...
News Letter on MSN2d
Spirit and Airbus 'continue to negotiate in good faith' and 'evaluate options' over Belfast operations
The response comes after Unite says Belfast aircraft workers are ‘in limbo’ after no assurances three months after Boeing’s ...
Belfast aircraft workers ‘in limbo’ as Spirit stays silent on workload split
Unions representing more than 3,500 workers at Belfast aircraft maker Spirit AeroSystems are seeking clarity on the future of ...