TV18’s Shereen Bhan, Boeing Senior Vice President Brendan Nelson discussed the company’s response and corrective measures. He revealed that Boeing has reduced the production rate of the 737 series and ...
As predicted in the preliminary Q4 announcement, higher Spirit fuselage deliveries, including with Boeing's best-selling 737 Max, led the company to report $1.6 billion in Q4 revenue, up 13% ...
From an operational perspective, the year actually was not that bad for Spirit AeroSystems. The Boeing 737 program is obviously key to driving revenues and profits, but total shipset deliveries ...
As Boeing struggles to increase 737 MAX output, Spirit AeroSystems reportedly has a substantial inventory of high-quality, ready-to-go fuselages on the lot. According to a Reuters report on ...
Spirit AeroSystems has developed a plan to improve liquidity, but still has doubts about whether it can keep operating ahead of its acquisition by Boeing.
Through the deal, Boeing is seeking to regain full control of Spirit after identified defects in aircraft production. Deliveries of Boeing 737 fuselages have declined sharply due to increased ...
Duffy asserted that Boeing has yet to produce 38 737 MAXs per month, indicating that the FAA is not ready to lift the current ...
The acquisition could help streamline Boeing’s supply chain and stabilize Spirit’s operations. Boeing’s recent 737 MAX production issues have already placed additional pressure on Spirit AeroSystems’ ...
The visit comes six years after the fatal crash of Ethiopian Airlines Flight 302, which involved a Boeing 737 Max jet.
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