Spirit AeroSystems News

AirInsight • Ernest Arvai

Boeing's Deliveries Halve, Airbus Extends Lead in 2024

Boeing's 2024 deliveries plummeted to 348 aircraft, less than half of Airbus's 766, marking Boeing's lowest delivery year since the pandemic. This significant gap underlines ongoing challenges including supply chain constraints and labor disruptions.

2025-01-14T09:30:12.437323-08:00

FlightGlobal

Spirit AeroSystems Sells Fiber Materials Inc. to Tex Tech for $165M Amid Restructuring

2025-01-13T07:48:58.223543-08:00

Aviation Week

Spirit AeroSystems Divests Prestwick Facility Amid Airbus Support

2025-01-10T01:31:58.733253-08:00

Reuters

Boeing Resumes 737 MAX Production Post-Strike; Targets 2025 Output

2024-12-09T20:47:45.003572-08:00

Spirit AeroSystems News Timeline

AirInsight

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Boeing's Deliveries Halve, Airbus Extends Lead in 2024 Boeing's 2024 deliveries plummeted to 348 aircraft, less than half of Airbus's 766, marking Boeing's lowest delivery year since the pandemic. This significant gap underlines ongoing challenges including supply chain constraints and labor disruptions.

2025-01-14T09:30:12.437323-08:00

Boeing's Deliveries Halve, Airbus Extends Lead in 2024

FlightGlobal

Spirit AeroSystems Sells Fiber Materials Inc. to Tex Tech for $165M Amid Restructuring Spirit AeroSystems has divested Fiber Materials Inc., a key supplier of high-temperature materials for defense and space applications, to Tex Tech Industries for $165 million. The sale aims to streamline Spirit's operations while enhancing Tex Tech's capabilities in advanced material sectors.

2025-01-13T07:48:58.223543-08:00

Spirit AeroSystems Sells Fiber Materials Inc. to Tex Tech for $165M Amid Restructuring

Aviation Week

Spirit AeroSystems Divests Prestwick Facility Amid Airbus Support Spirit AeroSystems is advancing with the sale of its Prestwick, Scotland facility, which is critical to Airbus programs. According to Airbus' Commercial CEO, the divestiture reflects strategic realignment amid ongoing market demands, potentially impacting supply chain continuity for Airbus projects.

2025-01-10T01:31:58.733253-08:00

Spirit AeroSystems Divests Prestwick Facility Amid Airbus Support

Reuters

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Boeing Resumes 737 MAX Production Post-Strike; Targets 2025 Output Boeing has restarted 737 MAX production in Renton, a month after a seven-week machinists' strike. The company aims to produce 350 aircraft annually by 2025, addressing a backlog of 4,200 orders amid increasing airline demand.

2024-12-09T20:47:45.003572-08:00

Boeing Resumes 737 MAX Production Post-Strike; Targets 2025 Output

kake.com

Engineers at Spirit AeroSystems Approve New Contract SPEEA engineers have accepted a four-year contract with Spirit AeroSystems. The new deal includes average salary increases of 6% for the first year and a minimum of 4% in subsequent years, supporting labor relations in the aerospace sector.

2024-11-25T20:12:18.396156-08:00

Engineers at Spirit AeroSystems Approve New Contract

Reuters

Airbus CEO: Smooth Talks with Spirit AeroSystems Amid Industrial Challenges Airbus CEO reports progress in negotiations for acquiring parts of Spirit AeroSystems, emphasizing potential difficulties in integration. The move aims to streamline operations despite anticipated industrial hurdles in merging Spirit's capabilities within Airbus's structure.

2024-11-19T16:02:25.291538-08:00

Airbus CEO: Smooth Talks with Spirit AeroSystems Amid Industrial Challenges

The Business Journals

Spirit AeroSystems Divests Hypersonics Unit FMI to Tex-Tech for $165M Amid financial struggles and an impending Boeing acquisition, Spirit AeroSystems is offloading Fiber Materials Inc., a hypersonics specialist, to Tex-Tech Industries. The transaction, valued at $165 million, marks a significant step in Spirit's strategy to streamline its operations before the acquisition completion.

2024-11-19T05:34:12.165005-08:00

Spirit AeroSystems Divests Hypersonics Unit FMI to Tex-Tech for $165M

Bloomberg

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Boeing and Airbus Aid Spirit AeroSystems with $457M Lifeline Amid Cash Crunch Spirit AeroSystems secures financial lifelines totaling $457 million, with $350 million from Boeing and $107 million from Airbus. These advances aim to stabilize the struggling supplier facing financial challenges, inventory excess, and diminished cash flows impacting its operational capabilities.

2024-11-12T07:17:43.081654-08:00

Boeing and Airbus Aid Spirit AeroSystems with $457M Lifeline Amid Cash Crunch

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