Spirit Aerosystems Holdings Inc - Ordinary Shares - Class A Stock News

Spirit AeroSystems on Friday reported a $577 million operating loss for the fourth quarter of 2024 compared with $215 million in operating income during the same three months a year earlier, which was helped by a funding agreement with key customer Boeing.

WICHITA, Kan. , Feb. 28, 2025 /PRNewswire/ --  Fourth Quarter 2024 Revenues of $1.7 billion EPS of $(5.38); Adjusted EPS* of $(4.22) Cash provided by operations of $137 million; Free cash flow* of $91 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported fourth quarter and full-year 2024 financial results.

Airbus expects to firm up a deal to take over some of Spirit AeroSystems European operations in the next few weeks, the planemaker's CFO said on Thursday, as part of a transatlantic breakup of the aerostructures manufacturer.

Investors are probably better off not overreacting to daily news headlines. Then again, certain headlines and resulting declines in stock prices can set up entry points for long-term investors.

Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing.

Boeing's key supplier Spirit AeroSystems has a substantial inventory of 737 fuselages of significantly improved quality that are ready to ship, an executive with the planemaker told a Seattle aerospace conference on Tuesday.

WICHITA, Kan., Jan. 31, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that, at the special meeting of its shareholders held earlier today, its shareholders voted to approve the proposed acquisition of Spirit AeroSystems by The Boeing Company.

WICHITA, Kan. , Jan. 13, 2025 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries, Inc. ("Tex-Tech") for $165 million in cash.