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Spirit Aero is also weighing some asset sales, such as U.S. defense composites maker Fiber Materials, a fourth source said. The supplier said in January 2020 it acquired FMI for $120 million.
Spirit AeroSystems Holdings, Inc. is an American manufacturer of aerostructures for commercial airplanes, headquartered in Wichita, Kansas. The company produces fuselage sections for Boeing 's 737 and 787 aircraft, as well as the flight deck sections for a majority of Boeing airliners.
Spirit projected in the filing a write-off of more than $100 million for losses in the third quarter on the Boeing 787 and Airbus A350 jet programs, citing higher supply chain and labor costs.
(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn ...
Boeing said Friday that it is in “preliminary discussions” to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners, including the one that suffered a door-panel blowout ...
Spirit Air may refer to: Spirit Airlines, an American low-cost airline; Spirit AeroSystems, an aerospace parts manufacturer in Wichita, Kansas; Spirit of Manila Airlines, a former Philippine low-cost airline
As the Boeing Company (NYSE:BA) strike drags on, Spirit Aerosystems Holdings, Inc. (NYSE:SPR) faces tough choices ahead, including the looming threat of layoffs and extended furloughs. On Friday ...
A First Article Inspection (FAI) is a production validation process for verifying that a new or modified production process produces conforming parts that meet the manufacturing specification detailed in technical or engineering drawings.