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

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 Thursday. More than 32,000 Boeing machinists walked off the job on Sept.

Boeing workers rejected a deal to end the strike for the second time, late Wednesday.

U.S. supplier Spirit AeroSystems will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs, effective Oct. 28, the company said on Wednesday.

WICHITA, Kan. , Oct. 23, 2024 /PRNewswire/ -- Third Quarter 2024 Revenues of $1.5 billion EPS of $(4.07); Adjusted EPS* of $(3.03) Cash used in operations of $276 million; Free cash flow* usage of $323 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported third quarter 2024 financial results.

Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing's machinists.

Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13.

WICHITA, Kan. , Oct. 18, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces employee furloughs in response to the ongoing strike by Boeing employees represented by the International Association of Machinists and Aerospace Workers that began on September 13.

Spirit AeroSystems will furlough some 700 workers. The Boeing supplier had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept.