Boeing and Airbus Negotiate Over Spirit AeroSystems Divestiture Amid Antitrust Concerns
Boeing and Airbus are reportedly discussing a strategic framework to potentially split the assets of Spirit AeroSystems, focusing on divisions… Read More »
Boeing and Airbus Edge Closer to Dividing Spirit AeroSystems in Strategic Deal
Boeing and Airbus are reportedly moving closer to a unique agreement to divide the operations of Spirit AeroSystems, aiming to… Read More »
Texas Attorney General Investigates Boeing Supplier Spirit AeroSystems Over Quality Concerns
The Texas Attorney General has launched an investigation into Spirit AeroSystems Holdings, a key supplier for Boeing, particularly for its… Read More »
Airbus Eyes Spirit AeroSystems Assets Amid Boeing Acquisition Talks
Airbus is contemplating the purchase of certain Spirit AeroSystems assets, as revealed by the aerospace giant’s Chief Financial Officer. This… Read More »
Airbus CFO Emphasizes Crucial Stability in Spirit AeroSystems Partnership Amid Boeing Acquisition Talks
In a recent interview with Boersen-Zeitung, Airbus’s Chief Financial Officer Thomas Toepfer highlighted the significance of maintaining a stable relationship… Read More »
Texas Attorney General Investigates Boeing Supplier Spirit AeroSystems Over Safety Concerns
The Texas Attorney General, Ken Paxton, has launched an investigation into Boeing supplier Spirit AeroSystems due to “reoccurring issues with… Read More »
Boeing Contemplates Severing Spirit AeroSystems’ Airbus Connections Ahead of Acquisition
In a strategic move that underscores the competitive dynamics of the aerospace industry, Boeing is reportedly evaluating measures to reduce… Read More »
Boeing Negotiates to Reacquire Spirit AeroSystems Amid Quality Concerns
Boeing has confirmed ongoing discussions to buy back Spirit AeroSystems, a key move aimed at addressing significant quality issues within… Read More »
Air Force Unaware of Any B-21 Bomber Quality Issues Involving Spirit AeroSystems
The United States Air Force has stated it is not aware of any quality problems associated with Spirit AeroSystems’ contributions… Read More »
FAA Expands Boeing 737 Max Audit to Include Spirit AeroSystems’ Fuselage Production
The Federal Aviation Administration (FAA) has broadened its audit scope of the Boeing 737 MAX manufacturing processes to encompass the… Read More »
Boeing 737 Max Supplier, Spirit AeroSystems, Ignored Warnings Leading to Safety Concerns and Legal Woes
Workers at a key Boeing supplier raised alarms about defects in aircraft components, but their concerns were reportedly overlooked, leading… Read More »
Spirit AeroSystems Receives Upgraded ‘Outperform’ Rating from Wolfe Research
Spirit AeroSystems Holdings, a prominent player in the aviation manufacturing sector, received an upgraded rating to ‘Outperform’ from the previous… Read More »
Boeing Announces $100 Million Investment in Spirit AeroSystems to Bolster Supply Chain
Boeing, the global aerospace giant, has revealed plans to invest $100 million in Spirit AeroSystems, one of its principal suppliers…. Read More »
Former Boeing Executive Patrick Shanahan Named Interim CEO of Spirit AeroSystems as Outgoing CEO Resigns
In a significant leadership change, Tom Gentile, the CEO of Spirit AeroSystems, has stepped down from his position due to… Read More »
Spirit AeroSystems CEO Warns of Unsustainable Boeing and Airbus Contracts
Spirit AeroSystems, a major supplier of parts for jetliners, has asked Boeing and Airbus to absorb more of the financial… Read More »
Spirit AeroSystems Addresses Engineering Issues with Boeing 737 Aft Bulkheads
Spirit AeroSystems has issued a statement responding to reports regarding engineering issues with the aft bulkheads it manufactures for specific… Read More »
Spirit AeroSystems Shares Plunge 27% Due to Bleak Cash-Flow Outlook
Spirit AeroSystems, the aerospace manufacturer, witnessed a steep decline of 27% in its shares on Wednesday Aug. 2 after revealing… Read More »
Spirit AeroSystems completes rework of Boeing 737 vertical fittings
Spirit AeroSystems, a Tier 1 supplier for Airbus and Boeing, which also provides fuselages for the Boeing 737 program, said… Read More »
Boeing Investors to Analyze Cost Impact of Spirit AeroSystems Labor Deal
Boeing investors will closely examine the cost implications of a recent labor deal struck by Spirit AeroSystems when Boeing releases… Read More »
Spirit AeroSystems Faces Production Suspension Amidst Contract Negotiations with Union
Spirit AeroSystems, a major supplier of aerospace components to leading plane makers, has encountered challenges during contract negotiations with District… Read More »
Boeing Excludes Acquisition of Tier 1 Supplier Spirit AeroSystems
Boeing has ruled out the purchase of Spirit AeroSystems, one its Tier 1 Suppliers. “I am not going to sugarcoat… Read More »
Spirit AeroSystems Estimates Boeing 737 MAX Issue to Incur Costs of at Least $31 Million
Spirit AeroSystems revealed that the latest issues related to a Boeing 737 MAX fuselage production problem will have a negative… Read More »
Spirit AeroSystems reports a $110 million loss
Spirit AeroSystems Holdings reported a hefty $110m loss in reach-forward charges on Airbus and Boeing jet production. The company also… Read More »
Spirit AeroSystems’ $1.4 billion debt plan may avert stock sale
Spirit AeroSystems Holdings on Monday Nov. 21 jumped more than 16% — the biggest one-day gain in two years —… Read More »
Boeing selects Spirit AeroSystems to replace KC-135 military tanker’s horizontal stabilizers
Spirit AeroSystems announced Sept. 19 a contract award from The Boeing Company to provide new horizontal stabilizers for U.S. Air… Read More »
Spirit AeroSystems launches Airbus A220 assembly program at its site in Morocco
Spirit AeroSystems, one of the world’s largest manufacturers of aerostructures, has launched production of fuselage sections for the Airbus A220… Read More »