Spirit AeroSystems Hlds

Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats and wing structures. The Defense & Space segment offers fixed wing aircraft aerostructures, missiles and hypersonics and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul (MRO) services related to commercial and defense & space program. The company was founded in 2005 and is headquartered in Wichita, KS.

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Spirit AeroSystems reports revenue growth amidst challenges, focuses on optimization

Spirit AeroSystems navigated challenges in 2022 with a focus on revenue growth, cost reduction, and production optimization. The company's performance in the Defense & Space segment was a highlight, contributing to a positive outlook. Despite facing supply chain and labor issues, Spirit AeroSystems remains proactive in addressing challenges and pursuing opportunities for growth.

Spirit AeroSystems tackles quality issues, eyes production improvements amid challenges

Spirit AeroSystems addresses quality issues, focuses on production standards, and strengthens relationships with Boeing. Despite challenges, the company is leveraging opportunities to enhance operations and financial performance.

Spirit AeroSystems reports Q2 revenue growth but faces supply chain challenges

Spirit AeroSystems faced challenges with supply chain disruptions impacting profitability, leading to negative free cash flow projections for the year.
Despite these challenges, the company demonstrated strengths in Defense & Aftermarket segments with strong revenue growth and operating margins.
Opportunities lie in increasing production rates, addressing supply chain issues, and focusing on operational execution for improved profitability and cash flow.
Overall, Spirit AeroSystems aims to stabilize its supply chain, increase production rates, and enhance financial health amidst industry challenges and forward losses.

Spirit AeroSystems reports revenue growth and positive impacts from Boeing agreement

Spirit AeroSystems' Q3 performance showed revenue growth and financial impacts from the Boeing agreement. The company faces challenges with disruptions, labor issues, and potential Airbus program impacts. Opportunities include positive cash flow projections and resolving negotiations with Airbus.

Spirit AeroSystems reports strong Q4 performance amidst challenges and opportunities

Spirit AeroSystems demonstrated robust financial performance in Q4 2023, driven by revenue growth, positive EPS, and operational improvements in production and quality.
While facing challenges such as forward losses and cash flow impacts, the company is focused on leveraging opportunities like debt reduction and quality-driven incentives for future growth.
Strategic initiatives in product safety, innovation, and cost management position Spirit AeroSystems for long-term success and operational excellence in the aerospace industry.

Spirit AeroSystems reports revenue growth, faces challenges in Airbus negotiations

Spirit AeroSystems reported improved revenue and operational performance in Q1 2024, with a focus on safety, quality, and financial stability.
Challenges include negotiations with Airbus, cash usage impact from production disruptions, and labor scarcity in key locations.
Opportunities lie in discussions with Boeing for potential acquisition, securing supply agreements with Airbus, and enhancing operational efficiency.
Overall, Spirit AeroSystems' strategic initiatives aim to address challenges, leverage strengths, and capitalize on growth opportunities for long-term success.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense and Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which are related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats, and wing structures. The Defense and Space segment offers fixed wing aircraft aerostructures, missiles and hypersonic, and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul services related to commercial and defense and space program. The company was founded in 2005 and is headquartered in Wichita, KS.

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Spirit AeroSystems Holdings, Inc. (NYSE: SPR). If you currently own shares of Spirit AeroSystems Holdings, Inc., please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=15844 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@r.

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Spirit AeroSystems Holdings, Inc. – SPR

Alaska Air Group

Boeing

Thankfully, no passengers or crew of Alaska Airlines Flight 1282 were critically injured after the frightening blowout of a plug door and piece of fuselage from the 737-9 MAX jet Friday night, which forced the plane to make an emergency landing in Portland, Oregon. Investors in Alaska Air Group (NYSE: ALK ) didn't seem too concerned about the incident either.

Boeing and Key Supplier Spirit Hit Hard After Alaska Air Blowout

Shares of Spirit AeroSystems Holdings Inc. took a dive Monday as investors took the aircraft-components maker to task for its part in the grounding of Boeing Co.'s 737 Max 9 planes.

Why Spirit AeroSystems' stock is falling on the 737 Max 9 news

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Alaska Airlines, United Airlines and Turkish Airlines have grounded their 737 MAX 9 airplanes in the wake of a Friday incident during an Alaska Airlines flight.

What airlines fly the 737 Max 9?

Spirit AeroSystems (NYSE: SPR ) stock is losing altitude on Monday after one of the airline's planes experienced a mid-air blowout over the weekend. That saw a door plug on one of its flights blow out only six minutes after the plane had departed.

Why Is Spirit AeroSystems (SPR) Stock Down 14% Today?

Everyone is focused on the popularity of following Boeing NYSE: BA and its recent development in new orders. After years of being compressed below any reasonable fairness, its stock is finally looking to break out into a new bullish trend.

Spirit AeroSystems stock will rally on Boeing's new orders

Boeing Co (NYSE:BA, ETR:BCO) parts supplier Spirit Aerosystems shares took a big hit on Monday morning after a dramatic blowout in midair on an Alaska Airlines flight on Friday. Shares of Spirit Aerosystems, which manufactured and installed the fuselage part on the Max 9 aircraft affected, were down as much as 20% in premarket trading.

Boeing supplier Spirit Aerosystems shares drop after midair blowout on Max 9 aircraft

Boeing stock, supplier Spirit AeroSystems tumbled early Monday after the FAA grounded all Boeing 737 Max 9 aircraft. Airlines trade lower.

Boeing Stock, Supplier Spirit Tumble; Details Around 737 Max Incident Emerge

WICHITA, Kan. , Jan. 8, 2024 /PRNewswire/ -- We are grateful the Alaska Airlines crew performed the appropriate procedures to land the airplane with all passengers and crew safe.

Spirit AeroSystems Statement - Alaska Airlines Flight 1282

Spirit AeroSystems is the supplier of the ‘door plug' that failed on the Boeing 737 MAX-9.

Spirit AeroSystems Stock Tanks as Wall Street Defends Boeing After MAX Issue

Aerospace supplier Spirit AeroSystems manufactured and initially installed the fuselage part on a brand-new Boeing 737 Max 9 jet that suffered a blowout on Friday, but Boeing also has a key role in the usual completion process, sources told Reuters.

Spirit Aero made blowout part but Boeing has key role -sources

Spirit's most important customer is ramping up production, meaning it will need more airframes in 2024. The company still faces significant challenges even after an impressive run by the stock to end the year.

Why Spirit AeroSystems Stock Soared in December

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Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock?

Why Is Spirit Aerosystems (SPR) Up 8.7% Since Last Earnings Report?

WICHITA, Kan. , Nov. 28, 2023 /PRNewswire/ -- Spirit AeroSystems, Inc. [NYSE: SPR] today announced the departure of Sam Marnick, Executive Vice President and Chief Operating Officer, President, Commercial from the Company.

Spirit AeroSystems Makes Changes to Strengthen Operational Alignment and Program Execution

WICHITA, Kan. , Nov. 20, 2023 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") today announced the expiration and results of its wholly owned subsidiary, Spirit AeroSystems, Inc.'s ("Spirit"), offer to purchase for cash (the "Tender Offer") any and all of Spirit's outstanding 7.500% Senior Secured Second Lien Notes due 2025 (CUSIP No.

Spirit AeroSystems Announces Expiration and Results of Cash Tender Offer for Any and All of Its Outstanding 7.500% Senior Secured Second Lien Notes Due 2025

PHILADELPHIA , Nov. 13, 2023 /PRNewswire/ -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Spirit AeroSystems ("Spirit") and/or its directors and officers. The Rosca Scarlato attorneys are preparing to take action and seek compensation and/or other redress on behalf of any injured SPR shareholders.

Spirit AeroSystems (NYSE: SPR) SHAREHOLDER ALERT: POTENTIAL COMPENSATION CLAIMS: Rosca Scarlato Investor Lawyers Investigating

WICHITA, Kan. , Nov. 9, 2023 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today the pricing by Spirit AeroSystems, Inc. ("Spirit"), a wholly owned subsidiary of the Company, of $1.2 billion aggregate principal amount of 9.750% Senior Secured Second Lien Notes due 2030 (the "Second Lien Notes") in a private offering.

Spirit AeroSystems Announces Pricing of Private Offering of $1.2 Billion Aggregate Principal Amount of 9.750% Senior Secured Second Lien Notes Due 2030

Spirit Aerosystems (NYSE: SPR ) stock is getting a boost on Thursday following an update from Wolfe Research analyst Myles Walton. That update has the Wolfe Research analyst upgrading shares of SPR stock from a “peer perform” rating to an “outperform” rating.

Spirit Aerosystems (SPR) Stock Pops on Analyst Upgrade

WICHITA, Kan. , Nov. 9, 2023 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today the pricing by Spirit AeroSystems, Inc. ("Spirit"), a wholly owned subsidiary of the Company, of $200 million aggregate principal amount of its 3.250% Exchangeable Senior Notes due 2028 (the "Exchangeable Notes") in a private offering (the "Offering").

Spirit AeroSystems Announces Pricing of 3.250% Exchangeable Senior Notes Due 2028

WICHITA, Kan. , Nov. 9, 2023 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today the pricing of its underwritten public offering of 9,090,909 shares of its Class A common stock at a price to the public of $22.00 per share.

Spirit AeroSystems Announces Pricing of Offering of 9,090,909 Shares of Class A Common Stock

Spirit AeroSystems (SPR) shares fell over 9% in intraday trading Wednesday after the Boeing supplier announced plans to raise capital following production issues that delayed aircraft deliveries.

Shares of Boeing Supplier Spirit AeroSystems Slump as It Seeks to Raise Cash

WICHITA, Kan. , Nov. 8, 2023 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today that Spirit AeroSystems, Inc. ("Spirit"), a wholly owned subsidiary of the Company, is offering $1.2 billion aggregate principal amount of Senior Secured Second Lien Notes due 2030 (the "Second Lien Notes") in a private offering.

Spirit AeroSystems Announces Private Offering of $1.2 Billion of Senior Secured Second Lien Notes Due 2030

WICHITA, Kan. , Nov. 8, 2023 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") is announcing today that Spirit AeroSystems, Inc. ("Spirit"), a wholly owned subsidiary of the Company, has commenced an offer (the "Tender Offer") to purchase for cash any and all of the $1.2 billion outstanding principal amount of its 7.500% Senior Secured Second Lien Notes due 2025 (CUSIP No.

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