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Stock impact report

UPDATE 1-Spirit AeroSystems halts production for Boeing jets indefinitely [Reuters]

Spirit Aerosystems Holdings, Inc. (SPR) 
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.spiritaero.com
Company Research Source: Reuters
Spirit AeroSystems halts production for Boeing jets indefinitely (Reuters) - Spirit AeroSystems Holdings Inc ( SPR.N ), Boeing’s top supplier, said on Wednesday it had stopped production for the planemaker for an indefinite period and would furlough workers supporting Boeing programs in Kansas and Oklahoma. Spirit’s announcement comes days after Boeing suspended production of its 787 Dreamliner airplane, citing the impact of the coronavirus pandemic. Boeing has already suspended production of its smaller 737 MAX airplanes, which await government approval to fly again following two deadly crashes. Spirit previously announced plans to suspend production for Boeing for two weeks ending April 8. The company said its factories in the United States will continue producing parts for Boeing rival Airbus SE ( AIR.PA ), its second biggest customer, which accounted for 16% of its sales last year, while also carrying on work for Spirit’s defense contracts. In January, Spirit said it would lay Show less Read more
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