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.
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 will furlough 700 Wichita workers because of ongoing Boeing strike
Spirit AeroSystems will furlough 700 employees in Wichita for 21 days starting Oct. 28, the company said Friday. The furloughs will affect employees working on the Boeing 767 and 777. The furlough is a result of the ongoing strike by Boeing employees, which started on Sept. 13.
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
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 to furlough 700 workers
WICHITA, Kan. (KAKE) - Spirit Aerosystems assembly mechanic Peyton Shinkle is one of the 700 employees who will be going without pay for 3 weeks starting on October 28. He said that while he's concerned, he saw the writing on the wall, and is prepared to go without that paycheck.
Spirit Aero losses deepen, burns cash as Boeing strike bites
Spirit did receive $425 million cash from Boeing and that the amount was increased and partly repaid)(Reuters) -Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves,
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
Spirit Aero’s quarterly losses widen amid Boeing strike, shares down
Shares in Spirit AeroSystems (NYSE:SPR) fell around 1% in premarket trading Thursday after the aerostructure supplier reported a deeper-than-expected quarterly loss. The company posted a Q3 loss of $3.
Spirit Aero posts third-quarter revenue below estimates as Boeing strike weighs on results
U.S. supplier Spirit AeroSystems on Wednesday reported third-quarter revenue below analysts' estimates and a loss of $4.07 per share, as a strike by Boeing factory workers weighed on its results. The company said that it would not provide forecast for the current year.
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 ...
Flightglobal1d
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 ...
KFDI1d
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 ...
SFGate2d
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, ...
MarketWatch1d
Spirit AeroSystems Widens Loss, Posts Lower-Than-Expected 3Q Earnings
Spirit AeroSystems widened its net loss and missed analyst expectations ... in the same quarter last year. On an adjusted basis, Wichita, Kan., company posted a loss of $3.03 a share. Analysts ...
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 ...
Expert: Impact from Spirit AeroSystems furloughs will trickle down to local economy
While a vote later this week could effectively end the strike in the Pacific Northwest, the situation is impacting hundreds ...