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SPR Jan 2025 45.000 call

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  • Barrons.com

    Boeing Strike Could Idle Workers at a Supplier

    Labor unrest at Boeing could claim another casualty soon in the relatively fragile aerospace supply chain. Wednesday evening, The Financial Times reported that Boeing’s 737 MAX fuselage supplier Spirit AeroSystems Holdings would begin to furlough workers in the coming weeks if the machinist strike against Boeing lingered. Workers represented by the International Association of Machinists and Aerospace Workers walked out on Sept. 13 after rejecting a tentative agreement by an overwhelming majority.

  • Reuters

    Spirit to begin furloughs in 3 weeks if strike at Boeing continues, FT reports

    Spirit Aerosystems will begin furloughs in three weeks if a strike at its biggest customer Boeing continues, the Financial Times reported on Wednesday.

  • Reuters

    Spirit Aero probes parts back to 2010 over records anomalies, sources say

    U.S. supplier Spirit AeroSystems is investigating years of record-keeping of parts for multiple plane programs, after discovering cases of missing and duplicate paperwork, two industry sources told Reuters. The Wichita, Kansas-based supplier has checked paperwork and hundreds of thousands of parts dating to 2010, the earliest date for its records, after discovering anomalies last month in reports from a machine that measures parts, one of the sources said. At this time, Spirit's investigation has not identified any potential safety concerns with the affected parts, said the two sources familiar with the matter, who spoke on condition of anonymity.