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

Aerospace supplier Spirit AeroSystems on Thursday reported a drop in first-quarter revenue, hurt by slower production across most programs at its key customer Boeing.

WICHITA, Kan. , May 1, 2025 /PRNewswire/ -- First Quarter 2025 Revenues of $1.5 billion EPS of $(5.21); Adjusted EPS* of $(4.25) Cash used in operations of $420 million; Free cash flow* usage of $474 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported first quarter 2025 financial results.

Boeing Co (NYSE:BA, ETR:BCO) and Airbus Group (EPA:AIR) shares rose after the pair agreeing to carve up Spirit AeroSystems, splitting key assets of the struggling aerospace supplier between them. Under the agreement, Boeing will buy back Spirit's US-focused operations – which it spun off two decades ago – for $4.7 billion in stock, while Airbus will absorb loss-making European activities, both ...

The companies entered into a definitive deal for the acquisition of some Spirit industrial assets dedicated to Airbus's commercial aircraft programs.

Europe's Airbus said late on Sunday it has finalized an agreement to take some assets from Spirit AeroSystems , completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing.

WICHITA, Kan. , April 28, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus.

WICHITA, Kan. , April 23, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that John L.

Spirit AeroSystems' chief engineer and technology officer, Sean Black, will lead the company's site in Wichita, Kansas, after planemaker Boeing completes its acquisition of Spirit this year, according to a letter to employees on Tuesday seen by Reuters.