Spirit AeroSystems Holdings (SPR) News
Market Cap: $4.10B
Avg Volume: 1.48M
Industry: Aerospace & Defense
Sector: Industrials
John Plueger to Depart Spirit AeroSystems Board After a Decade of Service
WICHITA, Kan. , April 23, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that John L.
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Spirit AeroSystems top engineer to lead Wichita site after Boeing deal closes -letter
Spirit AeroSystems' chief engineer and technology officer, Sean Black, will lead the company's site in Wichita, Kansas, after planemaker Boeing completes its acquisition of Spirit this year, according to a letter to employees on Tuesday seen by Reuters.
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Spirit Airlines Picks New CEO From Rival Sun Country
Dave Davis, formerly chief financial officer and president of Sun Country Airlines, will become Spirit's CEO next week, the airline announced Thursday (April 17). “We're excited to welcome Dave as Spirit's new president and CEO,” Robert Milton, chairman of Spirit Airlines, said in a news release.
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Airbus expects to finalise Spirit Aero deal this month, CFO says
Airbus expects to finalise an agreement to buy part of the assets of Spirit AeroSystems by the end of the April and close the deal by mid-year, "ideally by June 30", Chief Financial Officer Thomas Toepfer told shareholders.
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Fast-paced Momentum Stock Spirit Aerosystems (SPR) Is Still Trading at a Bargain
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Spirit Aerosystems (SPR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
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These Are the Airlines Americans Love (and Hate) the Most
Consumer spending is the backbone of the U.S. economy, and every year, a meaningful portion of a typical household budget goes towards non-essential items and experiences — such as jewelry, dining out, and entertainment. But a February 2025 survey conducted by the management consulting firm McKinsey found that Americans are more willing to splurge on travel than nearly every other sector. 24/7 Wall St. Key Points: Customer facing industries are often highly competitive, and air travel is no exception — particularly in an era of widespread economic uncertainty. Recent survey data measuring customer satisfaction suggests that some airlines are better positioned to maintain a solid customer base in the coming months than others. Also: Discover the next Nvidia While these findings should have come as welcome news to the air travel industry, many of the biggest airlines in the U.S. are not especially optimistic. In times of economic uncertainty or hardship, non-essential consumer spending tends to contract. And according to the University of Michigan Index of Consumer Sentiment, consumer confidence has fallen for three consecutive months — from 71.1 points in January, to 64.7 points in February, to 57.9 points in March. Waning optimism is due in large part to economic uncertainty under President Donald Trump and widespread concerns over the impact his administration’s policies may have on inflation, the job market, and business conditions. (Here is a look at the Americans who are not happy with Trump’s handling of the economy.) Shifts in public perception of the economy have broad implications for multiple industries, including air travel. Citing economic uncertainty, several major American airlines, including American, Delta, and United, cut earnings estimates in early March. Air travel is a highly competitive industry in the best of times, but under current economic conditions, airlines may have to go above and beyond to continue to bring in business. According to the latest data from the American Customer Satisfaction Index, some airlines appear better positioned to navigate current economic conditions than others. Using data from the ACSI, 24/7 Wall St. identified the best and worst airlines in America. We ranked all nine major airline companies with available data on their average customer satisfaction score in 2023 and 2024. Supplementary data on on-time arrivals is from the U.S. Bureau of Transportation Statistics. The airline industry as a whole had an overall customer satisfaction index score of 76.5 in 2023 in 2024. Among the nine airlines on this list, average scores range from 65.5 to 81.5. The two lowest ranked airlines on this list are so-called budget airlines. Generally, these companies can offer lower ticket prices by cutting operating costs. However, this often results in fewer in-flight amenities and additional fees for services that would be complimentary on other airlines. Notably, however, there are other budget airlines on this list with customer satisfaction scores that are in line with, or higher than, the industry average. Notably, the highest ranking airlines on this list are not necessarily those with the best track record of on-time arrivals. While getting customers to their destinations on time is the core of any airline’s business, customer perception is also based on a wide variety of additional factors. Indeed, each airline’s customer satisfaction index score comprises multiple benchmarks, such as the check-in process, interactions with the staff and flight crew, the range of offered flight schedules, as well as several measures of in-flight comfort — including availability of overhead storage, seating, and complimentary entertainment and refreshments. (Here is a look at the airlines with the best perks for business travelers.) Why It Matters In the current climate of growing economic pessimism and uncertainty, Americans are expected to cut back on discretionary spending. In this context, airlines will likely be forced to compete for business with a shrinking customer pool — and the companies that regularly meet or exceed traveler expectations may be better positioned to meet revenue targets than those that do not. 9. Spirit 2-year average annual customer satisfaction index score: 65.5 out of 100 Customer satisfaction index score by year: 67 in 2024, 64 in 2023 Carrier flights that arrived on time in 2023 and 2024: 72.0% Brand’s parent company: Spirit AeroSystems Holdings Corporate headquarters: Wichita, KS Corporate revenue in most recent available fiscal year: $6.3 billion Corporate operating profit in most recent available fiscal year: -$1.8 billion Stock ticker: NYSE: SPR 8. Frontier 2-year average annual customer satisfaction index score: 68.0 out of 100 Customer satisfaction index score by year: 69 in 2024, 67 in 2023 Carrier flights that arrived on time in 2023 and 2024: 68.4% Brand’s parent company: Frontier Group Holdings Corporate headquarters: Denver, CO Corporate revenue in most recent available fiscal year: $3.8 billion Corporate operating profit in most recent available fiscal year: $58.0 million Stock ticker: Nasdaq: ULCC 7. United 2-year average annual customer satisfaction index score: 76.0 out of 100 Customer satisfaction index score by year: 75 in 2024, 77 in 2023 Carrier flights that arrived on time in 2023 and 2024: 78.3% Brand’s parent company: United Airlines Holdings Corporate headquarters: Chicago, IL Corporate revenue in most recent available fiscal year: $57.1 billion Corporate operating profit in most recent available fiscal year: $5.2 billion Stock ticker: Nasdaq: UAL 4. JetBlue 2-year average annual customer satisfaction index score: 76.5 out of 100 (tied) Customer satisfaction index score by year: 77 in 2024, 76 in 2023 Carrier flights that arrived on time in 2023 and 2024: 69.9% Brand’s parent company: JetBlue Airways Corporation Corporate headquarters: Long Island City, NY Corporate revenue in most recent available fiscal year: $9.3 billion Corporate operating profit in most recent available fiscal year: -$93.0 million Stock ticker: Nasdaq: JBLU 4. Delta 2-year average annual customer satisfaction index score: 76.5 out of 100 (tied) Customer satisfaction index score by year: 77 in 2024, 76 in 2023 Carrier flights that arrived on time in 2023 and 2024: 82.2% Brand’s parent company: Delta Air Lines Corporate headquarters: Atlanta, GA Corporate revenue in most recent available fiscal year: $61.6 billion Corporate operating profit in most recent available fiscal year: $6.0 billion Stock ticker: NYSE: DAL 4. Allegiant 2-year average annual customer satisfaction index score: 76.5 out of 100 (tied) Customer satisfaction index score by year: 78 in 2024, 75 in 2023 Carrier flights that arrived on time in 2023 and 2024: 75.1% Brand’s parent company: Allegiant Travel Company Corporate headquarters: Las Vegas, NV Corporate revenue in most recent available fiscal year: $2.5 billion Corporate operating profit in most recent available fiscal year: $128.2 million Stock ticker: Nasdaq: ALGT 3. Southwest 2-year average annual customer satisfaction index score: 78.0 out of 100 Customer satisfaction index score by year: 78 in 2024, 78 in 2023 Carrier flights that arrived on time in 2023 and 2024: 77.9% Brand’s parent company: Southwest Airlines Corporate headquarters: Dallas, TX Corporate revenue in most recent available fiscal year: $27.5 billion Corporate operating profit in most recent available fiscal year: $321.0 million Stock ticker: NYSE: LUV 2. American 2-year average annual customer satisfaction index score: 78.5 out of 100 Customer satisfaction index score by year: 79 in 2024, 78 in 2023 Carrier flights that arrived on time in 2023 and 2024: 74.2% Brand’s parent company: American Airlines Group Inc. Corporate headquarters: Fort Worth, TX Corporate revenue in most recent available fiscal year: $54.2 billion Corporate operating profit in most recent available fiscal year: $3.2 billion Stock ticker: Nasdaq: AAL 1. Alaska 2-year average annual customer satisfaction index score: 81.5 out of 100 Customer satisfaction index score by year: 82 in 2024, 81 in 2023 Carrier flights that arrived on time in 2023 and 2024: 77.8% Brand’s parent company: Alaska Air Group, Inc. Corporate headquarters: Seattle, WA Corporate revenue in most recent available fiscal year: $11.7 billion Corporate operating profit in most recent available fiscal year: $915.0 million Stock ticker: NYSE: ALK The post These Are the Airlines Americans Love (and Hate) the Most appeared first on 24/7 Wall St..
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Spirit Aerosystems (SPR) Reports Q4 Loss, Misses Revenue Estimates
Spirit Aerosystems (SPR) came out with a quarterly loss of $4.22 per share versus the Zacks Consensus Estimate of a loss of $1.86. This compares to earnings of $0.48 per share a year ago.
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Spirit AeroSystems reports $577 million quarterly operating loss
Spirit AeroSystems on Friday reported a $577 million operating loss for the fourth quarter of 2024 compared with $215 million in operating income during the same three months a year earlier, which was helped by a funding agreement with key customer Boeing.
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Spirit AeroSystems Reports Fourth Quarter 2024 Results
WICHITA, Kan. , Feb. 28, 2025 /PRNewswire/ -- Fourth Quarter 2024 Revenues of $1.7 billion EPS of $(5.38); Adjusted EPS* of $(4.22) Cash provided by operations of $137 million; Free cash flow* of $91 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported fourth quarter and full-year 2024 financial results.
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Airbus to sign deal with Spirit Aero in weeks: CFO
Airbus expects to firm up a deal to take over some of Spirit AeroSystems European operations in the next few weeks, the planemaker's CFO said on Thursday, as part of a transatlantic breakup of the aerostructures manufacturer.
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Spirit AeroSystems expects quarterly revenue above estimates on Boeing production restart
Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing.
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Boeing executive says supplier Spirit Aero has a substantial inventory of 737 fuselages
Boeing's key supplier Spirit AeroSystems has a substantial inventory of 737 fuselages of significantly improved quality that are ready to ship, an executive with the planemaker told a Seattle aerospace conference on Tuesday.
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Spirit AeroSystems Shareholders Approve Acquisition by Boeing
WICHITA, Kan., Jan. 31, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that, at the special meeting of its shareholders held earlier today, its shareholders voted to approve the proposed acquisition of Spirit AeroSystems by The Boeing Company.
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Spirit Announces Sale of Fiber Materials Inc. (FMI) to Tex Tech Industries
WICHITA, Kan. , Jan. 13, 2025 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries, Inc. ("Tex-Tech") for $165 million in cash.
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Why Is Spirit Aerosystems (SPR) Down 0.9% Since Last Earnings Report?
Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock?
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Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead
The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would "not be a walk in the park".
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Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)
WICHITA, Kan. , Nov. 18, 2024 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announces a purchase agreement to sell Fiber Materials, Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. ("Tex-Tech") for $165,000,000 in cash, subject to customary adjustment.
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Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with Airbus
WICHITA, Kan., Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces a Second Amended and Restated Memorandum of Agreement with Airbus, in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit in an amount of $107 million.
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Airbus nears deal on funding, payment terms with Spirit Aero, source says
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said.
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Spirit AeroSystems Announces Advance Payments Agreement with Boeing
WICHITA, Kan. , Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350,000,000.00 to produce Boeing products at the rates required by Boeing.
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Exclusive: Boeing close to funding agreement to help supplier Spirit Aero, source says
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.
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Boeing Supplier Spirit Aero Adds Another Worry to the Stock's Turnaround Story
Spirit AeroSystems might need more help from Boeing.
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Boeing supplier Spirit AeroSystems says there's ‘substantial doubt' about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties at jet maker Boeing Co. pile up.
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Spirit Aero raises doubts over ability to continue as going concern
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ability to continue as a going concern.
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Oil News: Possible SPR Refill Calms Price Slide, Bearish Outlook Persists
Oil rebounds on possible U.S. SPR buy, yet weak demand and high inventories keep bearish outlook. Key price levels and election risks loom for crude traders.
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Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. More than 32,000 Boeing machinists walked off the job on Sept.
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Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.
Boeing workers rejected a deal to end the strike for the second time, late Wednesday.
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Spirit Aerosystems (SPR) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Spirit Aerosystems (SPR) Reports Q3 Loss, Lags Revenue Estimates
Spirit Aerosystems (SPR) came out with a quarterly loss of $3.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $1.42 per share a year ago.
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Spirit Aero to implement a 21-day furlough for approximately 700 employees
U.S. supplier Spirit AeroSystems will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs, effective Oct. 28, the company said on Wednesday.
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Spirit AeroSystems Reports Third Quarter 2024 Results
WICHITA, Kan. , Oct. 23, 2024 /PRNewswire/ -- Third Quarter 2024 Revenues of $1.5 billion EPS of $(4.07); Adjusted EPS* of $(3.03) Cash used in operations of $276 million; Free cash flow* usage of $323 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported third quarter 2024 financial results.
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Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13.
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Spirit AeroSystems Announces Furloughs
WICHITA, Kan. , Oct. 18, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces employee furloughs in response to the ongoing strike by Boeing employees represented by the International Association of Machinists and Aerospace Workers that began on September 13.
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Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems will furlough some 700 workers. The Boeing supplier had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept.
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Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory space, a spokesperson told Reuters.
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Spero Therapeutics Announces Presentation of SPR719 (Active Moiety of SPR720) In Vitro Data Demonstrating Low Propensity for the Development of Resistance at IDWeek 2024
In vitro data on SPR719 show low propensity for resistance development in NTM-PD MAC strains when administered as a single agent and in combination with standard of care agents
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Airbus faces pressure over supplies from Spirit Aero, sources say
Airbus is facing concerns over supplies of key structural parts for its largest and smallest jets from Spirit AeroSystems , part of a cascade of supply chain problems challenging growth in deliveries, several industry sources said.
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Spero Therapeutics Announces Publication of SPR720 Phase 1 Lung Exposure Data in Antimicrobial Agents and Chemotherapy
Phase 1 study showed significant lung uptake and enhanced epithelial lining fluid (ELF) and alveolar macrophage (AM) concentrations of SPR719 (active moiety of SPR720) Phase 1 study showed significant lung uptake and enhanced epithelial lining fluid (ELF) and alveolar macrophage (AM) concentrations of SPR719 (active moiety of SPR720)
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Spirit Aero reviewing contingency plans regarding furloughs amid Boeing strike
Key Boeing supplier Spirit AeroSystems is reviewing its contingency plans regarding furloughs, company spokesperson Joe Buccino said on Thursday, adding that no decisions has been made at this time.
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Spirit Aero probes parts back to 2010 over records anomalies, sources say
U.S. supplier Spirit AeroSystems is investigating years of record-keeping of parts for multiple plane programs, after discovering cases of missing and duplicate paperwork, two industry sources told Reuters.
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Bronstein, Gewirtz & Grossman, LLC Is Investigating Spirit Aerosystems Holdings, Inc. (BA) And Encourages Shareholders to Connect
NEW YORK CITY, NY / ACCESSWIRE / September 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Spirit Aerosystems Holdings, Inc. (BA) And Encourages Shareholders to Reach Out
NEW YORK CITY, NY / ACCESSWIRE / September 13, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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SPR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Spirit Aerosystems Holdings, Inc. and Encourages Investors to Contact the Firm!
NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. (“Spirit”) (NYSE: SPR) and The Boeing Company (“Boeing”) (NYSE: BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Spirit Aerosystems Holdings, Inc.(BA) and Encourages Shareholders to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 12, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Spirit Aerosystems Holdings, Inc.(BA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Spirit Aerosystems Holdings, Inc.(BA) and Encourages Investors to Learn More About the Investigation!
NEW YORK CITY, NY / ACCESSWIRE / September 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Spirit Aerosystems Holdings, Inc.(BA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 9, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Is Investigating Spirit Aerosystems Holdings, Inc.(BA) And Encourages Investors to Connect
NEW YORK CITY, NY / ACCESSWIRE / September 8, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Encourages Spirit Aerosystems Holdings, Inc. (BA) Stockholders to Inquire about Securities Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Spirit Aerosystems Holdings, Inc.(BA) and Encourages Investors to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 5, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Why Is Spirit Aerosystems (SPR) Down 0.4% Since Last Earnings Report?
Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock?
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Bronstein, Gewirtz & Grossman, LLC Is Investigating Spirit Aerosystems Holdings, Inc.(BA) And Encourages Stockholders to Connect
NEW YORK CITY, NY / ACCESSWIRE / September 4, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Spirit Aerosystems Holdings, Inc.(BA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Spirit Aerosystems Holdings, Inc.(BA) and Encourages Stockholders to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 2, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Encourages Spirit Aerosystems Holdings, Inc.(BA) Investors to Inquire about Securities Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Spirit Aerosystems Holdings, Inc.(BA) And Encourages Investors to Reach Out
NEW YORK CITY, NY / ACCESSWIRE / August 30, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE:SPR) and The Boeing Company ("Boeing") (NYSE:BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Spirit AeroSystems
NEW YORK, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Rowley Law PLLC is investigating potential securities law violations by Spirit AeroSystems (NYSE: SPR) and its board of directors concerning the proposed acquisition of the company by The Boeing Company (NYSE: BA). Stockholders will receive $37.25 in shares of Boeing common stock for each share of Spirit AeroSystems stock that they hold.
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STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Spirit AeroSystems Holdings, Inc. - SPR
NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating SpiritAeroSystems Holdings, Inc. (NYSE: SPR ), relating to its proposed merger with The Boeing Company.
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Spirit Aero CEO Shanahan to get $28.5 million 'golden parachute'
Spirit AeroSystems CEO Patrick Shanahan will receive a payout of $28.5 million after the 737 MAX fuselage supplier completes its merger with Boeing , according to a regulatory filing on Monday.
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Spirit AeroSystems (SPR) Q2 Loss Widens, Revenues Rise Y/Y
Spirit AeroSystems' (SPR) second-quarter loss widens. However, revenues jump 9.3% year over year, driven by higher production activities of the company's commercial programs.
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Federal safety hearing over 737 Max blowout puts Boeing, Spirit AeroSystems factories in spotlight
Boeing and its fuselage supplier Spirit AeroSystems are facing a two-day safety hearing that started Tuesday. The NTSB released more than 3,000 pages of documents, including transcripts of interviews with Boeing and Spirit AeroSystems employees, as well as from pilots, flight attendants and executives.
cnbc.com
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Spirit Aerosystems (SPR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
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Spirit Aerosystems (SPR) Reports Q2 Loss, Misses Revenue Estimates
Spirit Aerosystems (SPR) came out with a quarterly loss of $2.73 per share versus the Zacks Consensus Estimate of a loss of $0.98. This compares to loss of $1.46 per share a year ago.
zacks.com
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Spirit Aero burns more cash as 737 output drops
Spirit AeroSystems on Monday reported a higher quarterly cash burn on lower 737 fuselage shipments to its biggest customer Boeing , which is producing its best-selling narrowbody jets at a lower rate.
reuters.com
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Spirit AeroSystems Reports Second Quarter 2024 Results
WICHITA, Kan. , Aug. 5, 2024 /PRNewswire/ -- Second Quarter 2024 Revenues of $1.5 billion EPS of $(3.56); Adjusted EPS* of $(2.73) Cash used in operations of $566 million; Free cash flow* usage of $597 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported second quarter 2024 financial results.
prnewswire.com
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Boeing, Spirit AeroSystems execs to testify at NTSB hearing on MAX 9 emergency
The National Transportation Safety Board said a number of Boeing and Spirit AeroSystems executives will testify at a two-day hearing starting Tuesday on the January Alaska Airlines Boeing 737 MAX 9 in-flight door plug emergency.
reuters.com
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Will Spirit Aerosystems (SPR) Report Negative Earnings Next Week? What You Should Know
Spirit Aerosystems (SPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
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Textron close to buying Spirit Aero fuselage program for V-280 military aircraft, source says
Textron is close to acquiring the fuselage-making program for its V-280 military aircraft from Spirit AeroSystems , according to a source familiar with the matter, in the latest carve-out from Boeing's recent deal to acquire the Kansas-based supplier.
reuters.com
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Spirit AeroSystems to Release Second Quarter 2024 Financial Results August 5
WICHITA, Kan. , July 22, 2024 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] will release its second quarter 2024 financial results after the close of the market on Monday, August 5, 2024, which will be published on the Company's website at http://investor.spiritaero.com/.
prnewswire.com
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SPR, MORF on Behalf of Shareholders
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
globenewswire.com
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STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Spirit AeroSystems Holdings, Inc. – SPR
NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Spirit AeroSystems Holdings, Inc. ( NYSE : SPR ), relating to its proposed merger with The Boeing Company. Under the terms of the agreement, Spirit shareholders will receive $37.25 in cash at closing per share of Spirit common stock they own.
globenewswire.com
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Boeing: How I'm Playing The Potential $4.7 Billion Buyout Deal For Spirit Aerosystems
Boeing shares remain a strong buy for me, but there is a potential deal arbitrage opportunity now. Airbus recently reduced production guidance, which could be another buying opportunity in the aviation industry. Boeing faces a potential guilty plea over 737 Max crashes, the CEO search continues, and Boeing shares could remain volatile.
seekingalpha.com
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This Charter Communications Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
benzinga.com
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SPIRIT AEROSYSTEMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Spirit AeroSystems Holdings, Inc. - SPR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) to The Boeing Company (NYSE: BA). Under the terms of the proposed transaction, Spirit shareholders will receive, for each of their shares of Spirit common stock, a number of shares of Boeing common stock equal to an exchange ratio calculated as $37.25 divided by th.
businesswire.com
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Boeing-Spirit: Spirit Aero chief in spotlight as Boeing searches for new CEO
Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems , now shifts the focus of investors to the planemaker's search for a new CEO.
reuters.com
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For Boeing, Buying Spirit Is Only The Start Of Solving Its Problems
Boeing is bringing production of its plane fuselages back in-house. The aerospace giant announced early Monday it had agreed to acquire its largest supplier, Spirit AeroSystems, in an $8.3 billion deal, including debt, 19 years after it had spun out the operation.
forbes.com
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Boeing-Spirit: How jetmakers divided up the struggling supplier
Hashed out in three-way talks between plane giants and one of their key suppliers, Boeing's $4.7 billion deal to buy back Spirit AeroSystems is a rare triangular deal born out of crisis.
reuters.com
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Stock Market Today: Stocks Close Higher Ahead of Powell Speech
The main indexes kicked off the second half with a win thanks to solid gains in several mega-cap stocks.
kiplinger.com
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Boeing will buy Spirit AeroSystems for $4.7 billion
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice.
fastcompany.com
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Airbus may end up owning some Spirit Aero assets in Scotland, Malaysia
Airbus may end up owning some assets of Spirit AeroSystems in Scotland and Malaysia if the transatlantic supplier is unable to find a buyer for them, a filing from the aerostructures company showed on Monday.
reuters.com
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SPR Stock: Spirit AeroSystems Pops on Boeing's $4.7 Billion Deal
Airplane parts supplier Spirit AeroSystems (NYSE: SPR ) is trending, and SPR stock is up about 4% today. The shares are climbing, and Spirit is attracting attention because Boeing (NYSE: BA ) agreed to buy the firm for $4.7 billion.
investorplace.com
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Boeing Agrees To Reacquire Spirit AeroSytems for $4.7B
Boeing (BA) announced a long-awaited deal Monday to reacquire parts supplier Spirit AeroSystems (SPR) as the troubled plane manufacturer looks to strengthen control of its supply chain.
investopedia.com
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Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout
Airbus has agreed to acquire assets of Spirit AeroSystems for $1. It will also be compensated with $559 million from the aviation manufacturer.
businessinsider.com
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Boeing agrees to buy Spirit AeroSystems for $4.7B as manufacturer addresses safety concerns
Boeing said it reached a deal to purchase Spirit AeroSystems for $4.7 billion, as the plane manufacturer attempts to shore up safety concerns following recent issues with certain jets.
foxbusiness.com
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Boeing agrees to buy Spirit AeroSystems after deal agreed with Airbus
Boeing Co (NYSE:BA) shares are set to fall on Monday after it agreed to buy Spirit AeroSystems in an all-share deal, bringing its parts supplier arm back into the group for a total cost of $8.3 billion. The US aerospace company will buy "substantially all" of commercial operations related to its own aircraft, as well as additional commercial, defense and aftermarket operations.
proactiveinvestors.com
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Shareholder Alert: Ademi LLP investigates whether Spirit AeroSystems Holdings, Inc. has obtained a Fair Price for its Public Shareholders
MILWAUKEE , July 1, 2024 /PRNewswire/ -- Ademi LLP is investigating Spirit (NYSE: SPR) for possible breaches of fiduciary duty and other violations of law in its transaction with Boeing. Click here to learn how to join our investigation https://www.ademilaw.com/case/spirit-aerosystems-holdings-inc or call Guri Ademi toll-free at 866-264-3995.
prnewswire.com
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Boeing to acquire Spirit AeroSystems for $4.7 billion
Boeing Co. has agreed to purchase Spirit AeroSystems Holdings Inc. in an all-stock deal valued at $4.7 billion, or $37.25 per share, unwinding a two-decade separation. This strategic move aims to address ongoing manufacturing defects and streamline operations.
invezz.com
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Boeing to Buy Spirit Aero in $4.7 Billion Deal
Boeing agreed to acquire Sprit Aero for $37.25 a share in stock. The deal values Spirit at about $8 billion, including the company's debt.
barrons.com
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Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
Boeing announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm, which already was part of the aerospace company's manufacturing chain.
techxplore.com
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Boeing agrees to buy supplier Spirit Aerosystems for $4.7 billion
Boeing Co. has agreed to buy parts supplier Spirit Aerosystems Holdings Inc. in an all-stock deal worth more than $4 billion.
marketwatch.com
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Airbus says to get $559 mln compensation under Spirit Aero deal
Europe's Airbus on Monday set out the terms under which it plans to buy certain loss-making activities of Spirit AeroSystems as part of a planned wider break-up of the supplier between Airbus and rival Boeing.
reuters.com
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Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal
Boeing said in March that it was in talks to acquire fuselage maker Spirit AeroSystems. The deal comes after a big leadership shake-up at Boeing following a door panel that blew out midflight from a nearly new Boeing 737 Max 9 jet.
cnbc.com
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Boeing to buy Spirit Aero in $4.7 bln deal after months of talks
Boeing said on Monday it would buy its struggling supplier Spirit AeroSystems in a $4.7 billion all-stock deal which was finalized after months of talks, as the aerospace giant tries to solve a full-blown safety and regulatory crisis that has engulfed its key supplier as well.
reuters.com
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Boeing Scoops Up Spirit AeroSystems, Its Troubled 737 Supplier
Boeing BA -0.27%decrease; red down pointing triangle clinched a deal to buy Spirit AeroSystems SPR 0.15%increase; green up pointing triangle, taking back a troubled fuselage maker that it split off two decades ago as the jet manufacturer grapples with production problems.
wsj.com
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