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Spirit AeroSystems weighs hundreds more furloughs or layoffs
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 workers react to Boeing strike
Sixty-four percent of workers voted to reject the new contract, according to the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing workers continuing to strike in Washington.
Spirit AeroSystems weighs more furloughs if Boeing strike continues, CNBC says
Spirit AeroSystems (SPR) is weighing furloughs or layoffs of hundreds more employees if the Boeing (BA) machinists’ strike stretches
Boeing Strike Pushes Supplier Spirit to Plan Worker Furloughs
Spirit AeroSystems Holdings Inc. will start furloughing workers later this month in response to the continuing strike at Boeing Co., the aerostructure supplier’s biggest customer.
Spirit AeroSystems to Furlough 700 Employees Due to Boeing Strike
The plane manufacturer said the employees affected by the furloughs were working on Boeing’s 767 and 777 programs.
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 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 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.
Flightglobal
1d
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 ...
1d
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 ...
KFDI
22h
Boeing workers reject contract offer, Spirit prepares for furloughs
Share on Facebook Share on Twitter Machinists union members at Boeing voted Wednesday to reject a new labor deal, and the ...
1d
Boeing Machinists appear split on offer to end strike as they cast ballots
The union members will vote until 5 p.m. today on the contract offer, after Boeing earlier announced another staggering ...
17h
Where Boeing's defense and space business stands — and why it matters to Wichita
Boeing CEO Kelly Ortberg said on Wednesday's earnings call that the company's defense and space segment needs more ...
1d
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were ...
2d
on MSN
New Boeing CEO to give clues on company's future, while striking workers vote on new contract
Boeing CEO Kelly Ortberg will face investors for his first quarterly call on Wednesday morning. Striking machinists that have ...
1d
Boeing reports $6 billion quarterly loss as industry, Wichita await results from high-stakes machinists vote
The earnings report dropped as Boeing machinists represented by the International Association of Machinists and Aerospace ...
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