Spirit AeroSystems News

ibtimes.com • Elodie MAZEIN

Kelly Ortberg Named Boeing CEO Amid Financial and Regulatory Challenges

Kelly Ortberg, returning from early retirement, takes the helm at Boeing as the company navigates through significant safety issues, financial setbacks, and a transition in leadership.

2024-08-07T19:31:50.992160-07:00

The Business Journals

Spirit AeroSystems Secures $23.8M USAF Contract for Work in Wichita

2024-09-03T13:07:05.362445-07:00

Aviation Week

Spirit AeroSystems Faces 130 Fuselage Backlog Due to Boeing 737 Production Mismatch

2024-08-14T15:01:55.751778-07:00

Reuters

Spirit Aero CEO Shanahan to Receive $28.5M After Boeing Merger

2024-08-12T15:59:21.312310-07:00

Spirit AeroSystems News Timeline

The Business Journals

Spirit AeroSystems Secures $23.8M USAF Contract for Work in Wichita Spirit AeroSystems has been awarded a $23.8 million contract by the US Air Force, with the project work slated to be conducted in Wichita, Kansas. This contract is a significant development for the company's defense segment following the recent Boeing acquisition.

2024-09-03T13:07:05.362445-07:00

Spirit AeroSystems Secures $23.8M USAF Contract for Work in Wichita

Aviation Week

Spirit AeroSystems Faces 130 Fuselage Backlog Due to Boeing 737 Production Mismatch Boeing and Spirit AeroSystems' misaligned 737 production rates have resulted in an inventory buildup of nearly 130 fuselages, causing shipment delays and operational inefficiencies.

2024-08-14T15:01:55.751778-07:00

Spirit AeroSystems Faces 130 Fuselage Backlog Due to Boeing 737 Production Mismatch

Reuters

Spirit Aero CEO Shanahan to Receive $28.5M After Boeing Merger Spirit AeroSystems CEO Patrick Shanahan will get $28.5 million including cash, stock units, and benefits after the company's $4.7 billion merger with Boeing is finalized.

2024-08-12T15:59:21.312310-07:00

Spirit Aero CEO Shanahan to Receive $28.5M After Boeing Merger

kansas.com

Boeing CEO Kelly Ortberg Confirms Defense Commitment Amid Spirit AeroSystems Acquisition During his tour of Spirit AeroSystems' Wichita facilities, newly appointed Boeing CEO Kelly Ortberg affirmed the company’s commitment to maintaining defense projects in Kansas. This comes amidst Boeing's $8.3 billion acquisition agreement with Spirit AeroSystems.

2024-08-12T13:26:42.711853-07:00

Boeing CEO Kelly Ortberg Confirms Defense Commitment Amid Spirit AeroSystems Acquisition

ibtimes.com

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Kelly Ortberg Named Boeing CEO Amid Financial and Regulatory Challenges Kelly Ortberg, returning from early retirement, takes the helm at Boeing as the company navigates through significant safety issues, financial setbacks, and a transition in leadership.

2024-08-07T19:31:50.992160-07:00

Kelly Ortberg Named Boeing CEO Amid Financial and Regulatory Challenges

Seattle Times

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NTSB Probes Alaska Airlines 737 MAX Door Plug Blowout The NTSB is questioning Boeing and Spirit AeroSystems executives during a two-day hearing concerning a midflight blowout of a panel on an Alaska Airlines 737 MAX, which caused significant safety concerns.

2024-08-06T16:39:45.560027-07:00

NTSB Probes Alaska Airlines 737 MAX Door Plug Blowout

Reuters

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Boeing to Redesign 737 MAX 9 Panel After Alaska Airlines Incident Boeing announced a redesign of the 737 MAX 9 cabin panel to prevent future blowouts, following an incident on an Alaska Airlines flight in January. The change comes amid Boeing's ongoing scrutiny over safety practices.

2024-08-06T03:25:33.978737-07:00

Boeing to Redesign 737 MAX 9 Panel After Alaska Airlines Incident

The Business Journals

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Spirit AeroSystems Reports $415m Q2 Loss Amid Lower 737 Deliveries and Cash Burn Spirit AeroSystems reported a $415 million net loss for Q2 2024, affected by lower Boeing 737 fuselage deliveries and a $597 million cash burn. Revenues increased to $1.49 billion, but financial performance fell due to production slowdowns and elevated costs.

2024-08-05T15:13:36.655951-07:00

Spirit AeroSystems Reports $415m Q2 Loss Amid Lower 737 Deliveries and Cash Burn

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