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WICHITA, Kan. (KWCH) - Spirit AeroSystems confirmed that furloughs will continue into next month for hundreds of employees working in Boeing 737 programs.
The closing of the long-anticipated deal is expected in the third quarter. Spirit’s financial and operational issues have hampered output growth on the A220 and A350 programs.
It plans to transition production of the Boeing 787 Dreamliner fixed leading edge composite wing component from Spirit's Tulsa, Okla., facility to Spirit's Malaysia facility.
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 ...
The 25,000-square-meter Casablanca facility, employing 800 workers, transitions from Spirit AeroSystems to Airbus’s global aerospace manufacturing network in a landmark $439 million deal.
Airbus will buy Spirit AeroSystems’ US and UK assets as it carves up the supplier with Boeing By Reuters 2 minute read Published 4:25 AM EDT, Mon April 28, 2025 ...
Boeing announced last year a deal to acquire Spirit AeroSystems for $4.7 billion, bringing back in house a key supplier that it had spun off in 2005. Spirit AeroSystems reported losses of $616 million ...
Europe’s Airbus has reached a deal to acquire manufacturing assets from Spirit AeroSystems as the struggling Kansas-based supplier nears its $4.7 billion reacquisition by Boeing.
As for Spirit AeroSystems’s other major customer, Airbus, the two parties are in discussions to divest the supplier’s facilities in Belfast, Ireland, and Saint-Nazaire, France. Airbus has been ...
Spirit AeroSystems Holdings, Inc. (NYSE:SPR), a key player in the aerospace manufacturing sector with a market capitalization ...
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 ...
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