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Spirit AeroSystems temporarily lays off up to 350 employees due to inventory surplus, aiming to support long-term workforce stability.
Spirit AeroSystems Holdings, Inc. (NYSE:SPR), a key player in the aerospace manufacturing sector with a market capitalization of $4.05 billion, finds itself at a pivotal juncture as it navigates ...
Spirit AeroSystems is burning cash rapidly, with first-quarter free cash flow burn already at $474 million. Read why I do not recommend holding SPR stock.
Spirit AeroSystems Holdings’ management expects to make a going concern disclosure in its 2024 Form 10-K annual filing with the Securities and Exchange Commission, anticipating to conclude that ...
Spirit AeroSystems was the largest independent aerostructure manufacturer, originally spun out of Boeing in 2005. The firm produces fuselages, wing structures, and structures that house and ...
Spirit said the loss was due to lower production on most Boeing programs, particularly the Boeing 737 program.
Spirit AeroSystems confirmed that furloughs will continue into next month for hundreds of employees working in Boeing 737 programs.
Europe’s Airbus has finalized an agreement to take some assets from Spirit AeroSystems, both companies said Monday, completing a critical part of a transatlantic carve-up of the struggling ...
WICHITA, Kan. (KWCH) - A Spirit AeroSystems spokesperson confirmed that the company will furlough 250-350 employees working in two different Boeing 737 programs beginning later this month. The ...
Airbus Will Take Spirit AeroSystems Assets as Part of Carve-Up With Boeing Manufacturing giant will acquire locations in Kansas and North Carolina, as well as internationally.
European plane-maker Airbus will take over parts of Spirit AeroSystems as it and Boeing carve up the key supplier in an effort to improve production quality.
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