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Stock impact report

Whistleblower speaks out on quality issues at Boeing supplier [Yahoo! Finance]

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: Yahoo! Finance
For about a decade, Santiago Paredes worked at the end of the production line at the Spirit AeroSystems factory in Wichita, Kansas, doing final inspections on 737 fuselages before they were shipped to Boeing. "If quality mattered, I would still be at Spirit," said Paredes, who told CBS News in an interview he was finding hundreds of defects every day. "It was very rare for us to look at a job and not find any defects." Speaking publicly for the first time, Paredes told CBS News he often found problems while inspecting the area around the same aircraft door panel that flew off in the middle of an Alaska Airlines flight in January. "Why'd that happen? Because Spirit let go of a defect that they overlooked because of the pressure that they put on the inspectors," Paredes told CBS News. "If the culture was good, those issues would be addressed, but the culture is not good." The National Transportation Safety Board Investigation indicates that the Alaska Airlines door panel was re Show less Read more
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