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Boeing, Spirit AeroSystems
Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.
Spirit AeroSystems, stock fell 1.1% to $32.29 in the premarket Thursday. GE Aerospace and RTX Corp. are also important suppliers for Boeing. RTX stock has gained 5.7% in the last
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly Ortberg said.
Spirit AeroSystems posts deep losses in Q3 as Boeing strike hit finances
Boeing suppliers that invested heavily on materials and tooling to support the planemaker's planned ramp-up of jets have been furloughing workers in recent weeks and holding off on investments due
Boeing, strike
Spirit could have layoffs after Boeing strike continues
A Spirit spokesperson told KSN that regardless of the outcome, 700 Spirit workers in Wichita are still being furloughed on Monday. Tonight’s offer would have given 33,000 Boeing machinists a 35% wage increase over four years and end the 41-day strike.
Boeing at "crossroads" ahead of crucial strike vote
Boeing boss Kelly Ortberg has warned the company is at a "crossroads" after losses at the aerospace giant surged to roughly $6bn (£4.6bn). Mr Ortbeg, who took over as chief executive in August, said he was working "feverishly" to stabilise the firm,
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
1h
on MSN
Boeing workers vote to reject contract deal, extending strike
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to ...
1h
on MSN
Boeing workers reject contract, prolonging crippling strike
Boeing factory workers rejected a new labor contract that would have increased their wages by 35% over four years, ...
KFDI
2h
Boeing workers reject contract offer, Spirit prepares for furloughs
Share on Facebook Share on Twitter Machinists union members at Boeing voted Wednesday to reject a new labor deal, and the ...
Flightglobal
12h
Production troubles push Spirit AeroSystems to $447m loss in third quarter
Aircraft structures producer Spirit AeroSystems lost $477 million in the third quarter of 2024 due largely to significant ...
22h
Boeing-Spirit and beyond: A look back at 2024 Wichita mergers and acquisitions activity
Wichita-based Pearson Construction continued to expand in the first half of 2024 with the acquisition of Concrete Materials ...
devdiscourse
9h
Spirit AeroSystems Faces Strike Aftershocks
Spirit AeroSystems, a U.S. supplier, warns of potential layoffs and furloughs if Boeing's machinist strike continues beyond November. The company cites financial pressures and inventory concerns as ...
News Letter on MSN
1d
Spirit and Airbus 'continue to negotiate in good faith' and 'evaluate options' over Belfast operations
The response comes after Unite says Belfast aircraft workers are ‘in limbo’ after no assurances three months after Boeing’s ...
2d
on MSN
Boeing shares rise after labor offer but analysts wary of worker pushback
Boeing shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts questioned whether a ...
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strike
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