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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 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 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.
Hundreds of Spirit AeroSystems employees furloughed amid Boeing strike
Around 700 Spirit AeroSystems employees are being furloughed as a result of the ongoing strike by Boeing machinists that began last month, the company announced Friday.
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 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.
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.
Spirit Aerosystems
Advantage Energy: Q3 Earnings Snapshot
Advantage Energy shares have increased 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.60, a decline of slightly more than 4% in the
Spirit Aerosystems: Q3 Earnings Snapshot
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, Kansas-based company said it had a loss of $4.07. Losses,
Saia: Q3 Earnings Snapshot
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.53 per share. The trucking company posted revenue of $842.1 million in the period, which topped Street forecasts.
5h
Waldron Private Wealth LLC Makes New Investment in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
Waldron Private Wealth LLC acquired a new stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR – Free Report) during the ...
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 ...
The Business Journals
11d
Spirit AeroSystems loses big FLRAA contract from Textron's Bell division
Spirit
AeroSystems
' defense portfolio has taken a large hit. What it means for Wichita's biggest employer.
Spirit
...
KSNW Wichita on MSN
6d
700 Furloughed Spirit AeroSystems workers look to stay afloat during holidays, temp agencies have openings
Spirit AeroSystems, Wichita's largest employer, told 700 of it's 7-67 and triple seven program workers, will be furloughed.
KAKE.com
6d
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 ...
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 ...
News Letter on MSN
2d
Spirit and Airbus 'continue to negotiate in good faith' and 'evaluate options' over Belfast operations
The response comes after Unite says Belfast aircraft workers are ‘in limbo’ after no assurances three months after Boeing’s ...
1d
on MSN
Striking Boeing workers vote on contract as company’s losses grow
An end to the walkout that began Sept. 13 would be a rare bit of good news for Boeing, which is struggling to restore ...
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