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Spirit AeroSystems in Wichita, Kansas, furloughed between 250-300 employees this week because of excess inventory, a spokesperson said.
Spirit AeroSystems has raised and maintained a considerable amount of debt since the grounding of the 737 MAX began in 2019. The company had $537 million of cash on the balance sheet and about $5 ...
Between 250-350 employees at Spirit AeroSystems in Wichita were notified Friday morning that their job will soon be furloughed for about a month because of a backlog, spokesperson Joe Buccino said.
Spirit AeroSystems reported losses of $616 million in 2023. In a statement, Spirit AeroSystems said the transaction with Airbus is expected to close in the third quarter of the year. "For many years, ...
European plane-maker Airbus will take over parts of Spirit AeroSystems, a key supplier for Airbus and Boeing, as the two manufacturers carve up Spirit. Airbus and Spirit moved one step closer to ...
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 ...
Airbus will buy some Spirit AeroSystems facilities that make parts for its jets, moving to take direct control of production in a bid to stabilize supply chains after months of disruption.
WICHITA, Kan., April 28, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of ...
The latest international Spirit Aerosystems France Sarl news and views from Reuters - one of the world's largest news agencies ...
Spirit AeroSystems' chief engineer Sean Black will lead the supplier's site in Wichita, Kansas, after Boeing completes its acquisition of Spirit this year, according to letters to employees on ...
StockNews.com initiated coverage on shares of Spirit AeroSystems (NYSE:SPR – Free Report) in a research report report published on Friday. The brokerage issued a sell rating on the aerospace ...
Spirit AeroSystems lost more money in the fourth quarter than it previously predicted and is now warning it will need more cash to continue operating. The Wichita-based company lost $631 million ...
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