How Spirit AeroSystems Is Caught Between Boeing And Airbus Tactics
Boeing needs to reacquire Spirit AeroSystems. But there are uncertainties around the timing and execution of the deal.
Boeing’s Search For New CEO Persists As Calhoun Faces Congressional Hearing
Boeing faces escalating turbulence amid CEO search challenges and Calhoun's Capitol Hill testimony, raising uncertainty about the company's leadership direction.
Boeing And Airbus Under FAA Investigation For Authenticity Of Titanium Parts In Some Jets: Report
The FAA is investigating Boeing and Airbus for the use of falsified titanium documents, crucial for aircraft integrity. This issue, identified after a vendor found corrosion holes in titanium parts, has led to significant scrutiny over material authenticity, impacting the aerospace industry's supply chain.
Southwest CEO Refuses To Step Down As Activist Investor Turns Screw
Southwest CEO Bob Jordan stays firm amidst calls for leadership changes by activist investor Elliott. Focus on open-seating policy and other revisions.
Peering Into Spirit AeroSystems Hldgs’s Recent Short Interest
Spirit AeroSystems Hldgs’s (NYSE:SPR) short percent of float has risen 5.36% since its last report. The company recently…
Boeing’s 737 MAX Production Freeze Remains As FAA Demands Safety Overhaul
The Federal Aviation Administration (FAA) will persist in holding Boeing accountable after evaluating the company's roadmap to rectify its systemic safety and quality-control issues, Administrator Mike Whitaker said Thursday, after a three-hour meeting with senior Boeing leaders at FAA headquarters.
Boeing To Present Quality Control Plan To FAA In Wake Of 737 Max Crisis
Boeing Co (NYSE) is set to present a corrective action plan to U.S. regulators to address significant quality issues within its factories. CEO Dave Calhoun and Stephanie Pope will meet with FAA Chief Michael Whitaker on Thursday in Washington.
Spirit AeroSystems To Lay Off Hundreds As Boeing Struggles with Production
Spirit AeroSystems Holdings Inc (NYSE:SPR) is laying off 400-450 employees at its Wichita, Kansas factory due to a production slowdown at Boeing Co (NYSE: BA). The facility, central to ongoing quality issues with the 737 MAX jets, employs about 13,000 workers. Recent delays in Boeing's acquisition of Spirit have compounded these challenges, affecting the production of parts for Airbus aircraft as well.
How Is The Market Feeling About Spirit AeroSystems Hldgs?
Spirit AeroSystems Hldgs’s (NYSE:SPR) short percent of float has fallen 3.27% since its last report. The company recently…
Spirit AeroSystems Encounters Headwinds In Q1 As Boeing 737 Issues Take Toll
SPIRIT Q1 2024 RESULTS: Revenue up 19%, deliveries down, backlog at $49B. Adjusted EPS $(3.93), operating loss $527.6M. Boeing delays impact cash flow.