Breaking News: SPR – Market Insights, Analysis & Latest Updates

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Spirit Aero’s quarterly losses widen amid Boeing strike, shares down

Spirit AeroSystems reported a bigger-than-expected quarterly loss, with a net loss of $217 million and $1.5 billion in revenue, leading to employee furloughs amid Boeing's ongoing strike.

investing.com • 24/10/2024 - 08:58 AM

SPR

Spirit Aero to implement a 21-day furlough for approximately 700 employees

Spirit AeroSystems announces a 21-day furlough for 700 employees, citing financial pressures after reporting third-quarter revenue of $1.47 billion and a loss of $4.07 per share.

investing.com • 23/10/2024 - 23:40 PM

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Boeing workers to vote on new wage deal that could end strike

Boeing machinists plan to vote on a new contract with a proposed 35% pay hike after a five-week strike impacting production and finances.

investing.com • 21/10/2024 - 09:20 AM

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Spirit Aero to furlough 700 workers for 21 days due to Boeing strike

Spirit AeroSystems will furlough 700 workers for 21 days due to Boeing's strike impacting its operations and finances, with further layoffs possible if the strike continues.

investing.com • 18/10/2024 - 12:31 PM

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Airbus faces pressure over supplies from Spirit Aero, sources say

Airbus faces supply chain issues with Spirit AeroSystems affecting jet deliveries. Challenges include delays, reliance on parts, and proactive measures like airlifting components to meet production needs.

investing.com • 10/10/2024 - 21:23 PM

Airbus seen at risk of reaching its full-year guide of 770 deliveries

Airbus faces risks of missing its 2023 delivery target of 770 aircraft due to supply chain challenges, necessitating over 270 deliveries in Q4 to meet its revised forecast of 750.

investing.com • 10/10/2024 - 11:05 AM

Boeing weighs options for raising cash as ratings downgrade looms, sources say

Boeing is considering raising $10-15 billion through stock sales to maintain its credit ratings above junk status amid increasing financial pressure and production challenges.

investing.com • 08/10/2024 - 21:39 PM

Factbox-From Boeing to Detroit Three, US labor unions flex muscle

A significant rise in labor strikes across various sectors showcases mounting union activism in the U.S., including dockworkers and healthcare professionals, signaling a shift in labor relations.

investing.com • 01/10/2024 - 14:13 PM

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Spirit Aero reviews furlough contingency plans amid Boeing strike

Spirit AeroSystems is contemplating furloughs amid a Boeing workers' strike affecting production and supply chains, though no final decision has been made yet.

investing.com • 26/09/2024 - 19:45 PM

Factbox-Layoffs pile up in US, Canada as companies uncertain of economy

In 2024, major companies in the US and Canada continue job cuts amid economic uncertainty, with significant layoffs announced across various industries including technology, automakers, and media.

investing.com • 09/08/2024 - 09:09 AM

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