Spirit AeroSystems CEO talks jobs, finances, Boeing, and production slowdowns [Yahoo! Finance]
Spirit Aerosystems Holdings, Inc. (SPR)
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am
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Source: Yahoo! Finance
On Tuesday, the Wichita-based company released its latest financial results — a loss of $616.7 million in the first quarter Spirit President and CEO Pat Shanahan and Chief Financial Officer Mark Suchinski held a news conference after the report was released. They discussed Boeing possibly buying the company, a slowdown in production, the Spirit AeroSystems' workforce, and an ongoing issue with Airbus. Boeing acquisition? Before tackling the financial details, Shanahan talked about Boeing possibly buying Spirit. “Those discussions continue and, as all of you understand, I am not at liberty to comment further,” he said. “When and if we have something to disclose, we'll make an announcement.” What would happen if Boeing acquired Spirit AeroSystems? He was asked what the value of an acquisition would be for Spirit's investors. “The broader value proposition is sharpening engineering and manufacturing expertise for the future. That's a skill that's hard to acquire,” Shanaha
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SPR
News
- Agencies already stepping up after Spirit announces layoffs [Yahoo! Finance]Yahoo! Finance
- Fallout from Alaska Airlines blowout continues as key Boeing supplier lays off 450 workers because 737 Max production has slowed so much [Fortune]Fortune
- Departing Boeing CEO's board status faces Friday vote by shareholders [Yahoo! Finance Canada]Yahoo! Finance Canada
- Departing Boeing CEO's board status faces Friday vote by shareholders [Yahoo! Finance]Yahoo! Finance
- Spirit AeroSystems layoffs could damage the local economy, lose workforce to other states [Yahoo! Finance]Yahoo! Finance
SPR
Earnings
- 5/7/24 - Miss
SPR
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- SPR's page on the SEC website