Spirit AeroSystems Hlds

Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats and wing structures. The Defense & Space segment offers fixed wing aircraft aerostructures, missiles and hypersonics and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul (MRO) services related to commercial and defense & space program. The company was founded in 2005 and is headquartered in Wichita, KS.

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Spirit AeroSystems reports revenue growth amidst challenges, focuses on optimization

Spirit AeroSystems navigated challenges in 2022 with a focus on revenue growth, cost reduction, and production optimization. The company's performance in the Defense & Space segment was a highlight, contributing to a positive outlook. Despite facing supply chain and labor issues, Spirit AeroSystems remains proactive in addressing challenges and pursuing opportunities for growth.

Spirit AeroSystems tackles quality issues, eyes production improvements amid challenges

Spirit AeroSystems addresses quality issues, focuses on production standards, and strengthens relationships with Boeing. Despite challenges, the company is leveraging opportunities to enhance operations and financial performance.

Spirit AeroSystems reports Q2 revenue growth but faces supply chain challenges

Spirit AeroSystems faced challenges with supply chain disruptions impacting profitability, leading to negative free cash flow projections for the year.
Despite these challenges, the company demonstrated strengths in Defense & Aftermarket segments with strong revenue growth and operating margins.
Opportunities lie in increasing production rates, addressing supply chain issues, and focusing on operational execution for improved profitability and cash flow.
Overall, Spirit AeroSystems aims to stabilize its supply chain, increase production rates, and enhance financial health amidst industry challenges and forward losses.

Spirit AeroSystems reports revenue growth and positive impacts from Boeing agreement

Spirit AeroSystems' Q3 performance showed revenue growth and financial impacts from the Boeing agreement. The company faces challenges with disruptions, labor issues, and potential Airbus program impacts. Opportunities include positive cash flow projections and resolving negotiations with Airbus.

Spirit AeroSystems reports strong Q4 performance amidst challenges and opportunities

Spirit AeroSystems demonstrated robust financial performance in Q4 2023, driven by revenue growth, positive EPS, and operational improvements in production and quality.
While facing challenges such as forward losses and cash flow impacts, the company is focused on leveraging opportunities like debt reduction and quality-driven incentives for future growth.
Strategic initiatives in product safety, innovation, and cost management position Spirit AeroSystems for long-term success and operational excellence in the aerospace industry.

Spirit AeroSystems reports revenue growth, faces challenges in Airbus negotiations

Spirit AeroSystems reported improved revenue and operational performance in Q1 2024, with a focus on safety, quality, and financial stability.
Challenges include negotiations with Airbus, cash usage impact from production disruptions, and labor scarcity in key locations.
Opportunities lie in discussions with Boeing for potential acquisition, securing supply agreements with Airbus, and enhancing operational efficiency.
Overall, Spirit AeroSystems' strategic initiatives aim to address challenges, leverage strengths, and capitalize on growth opportunities for long-term success.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense and Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which are related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats, and wing structures. The Defense and Space segment offers fixed wing aircraft aerostructures, missiles and hypersonic, and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul services related to commercial and defense and space program. The company was founded in 2005 and is headquartered in Wichita, KS.

Spirit Aerosystems said on Monday it had held "constructive and positive meetings" with the U.S. machinists union through the weekend, indicating progress in negotiations for a new contract.

Spirit Aero flags progress in talks with the union

LOS ANGELES , June 26, 2023 /PRNewswire/ --  Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Spirit AeroSystems Holdings, Inc. ("Spirit" or the "Company") (NYSE: SPR). Class Period: April 8, 2020 – April 13, 2023 Lead Plaintiff Deadline: July 5, 2023 If you wish to serve as lead plaintiff of the Spirit lawsuit, you can submit your contact information at www.glancylaw.com/cases/Spirit-AeroSystems-Holdings-Inc-1/.

SPR Investors Have Opportunity to Lead Spirit AeroSystems Holdings, Inc. Securities Fraud Lawsuit

WICHITA, Kan. , June 26, 2023 /PRNewswire/ -- Spirit AeroSystems, Inc. announced that it will continue talks with the International Association of Machinists and Aerospace Workers on Monday, June 26, following constructive and positive meetings through the weekend.

Spirit AeroSystems Announces Constructive and Positive Progress on Negotiations with the International Association of Machinists and Aerospace Workers

Spirit AeroSystems Inc said on Friday it will meet with the International Association of Machinists and Aerospace Workers on June 24 to continue negotiations for a new contract.

Spirit AeroSystems says contract negotiations to continue with union

Union members at a Kansas plant voted to reject a contract offer, leading to a work stoppage ahead of a potential Saturday strike. The plant in question makes fuselages for Boeing's 737 MAX aircraft.

Why Spirit AeroSystems Stock Lost Altitude This Week

WICHITA, Kan. , June 23, 2023 /PRNewswire/ -- Spirit AeroSystems, Inc. announced today that it will meet with the International Association of Machinists and Aerospace Workers on Saturday, June 24, to continue negotiations for a new collective bargaining agreement.

Spirit AeroSystems Announces Continued Negotiations with the International Association of Machinists

LOS ANGELES, CA / ACCESSWIRE / June 23, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Spirit AeroSystems Holdings, Inc. ("Spirit" or "the Company") (NYSE:SPR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 8, 2020 and April 13, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 5, 2023.

JULY 5 DEADLINE: The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $500,000 to Contact the Firm

Shares of Spirit AeroSystems tumbled as the airplane parts manufacturer suspended factory operations ahead of a strike by its union employees.

Spirit AeroSystems Shares Slide as Production Shuts Down Ahead of Strike

Key supplier Spirit AeroSystems supplies various Boeing and Airbus jets including the top-selling 737 Max. SPR stock dived.

SPR Stock: Boeing Supplier Spirit Sinks As Worker Strike Hits Production Lines

Spirit AeroSystems (NYSE: SPR ) stock is falling on Thursday after the company suspended operations at its factory due to a worker strike. According to Spirit AeroSystems, an employee strike has started today from those represented by the International Association of Machinists and Aerospace Workers.

Why Is Spirit AeroSystems (SPR) Stock Down 10% Today?

Boeing

Spirit AeroSystems makes fuselages for Boeing's 737 Max and makes parts for other aerospace manufacturers including Airbus.

Key Boeing supplier stops production at Wichita plant after workers vote to strike

Spirit AeroSystems said it plans to suspend production at its Wichita, Kansas, factory after workers represented by the International Association of Machinists and Aerospace Workers (IAM) rejected a pay deal and voted to strike from June 24.  The company's shares fell about 9% in pre-market trading.

Spirit AeroSystems shares sink as Boeing and Airbus supplier suspends factory production after union rejects pay offer

Shares of Boeing Co. BA, -0.14% were off 3% in Thursday's premarket action after the Spirit AeroSystems Holdings Inc. SPR, +0.37% said that its unionized workers have voted for a strike, which is causing Spirit to suspend factory operations. Boeing is Spirit's largest customer, accounting for about 65% of its commercial segment net revenues last year, according to Spirit's most recent 10-K filing.

Boeing stock drops as supplier Spirit AeroSystems closes factory operations due to strike

Spirit AeroSystems suspends operations after a union rejects a new labor deal.

A New Headache for Boeing. Spirit Aero Workers Vote to Strike.

Spirit AeroSystems Holdings Inc.'s stock SPR, +0.37% tumbled 9% premarket Thursday, after the aerospace company said it's suspending factory operations after unionized workers voted to strike. Workers represented by the International Association of Machinists and Aerospace Workers rejected a four-year contract offer from the company and opted to strike instead.

Spirit AeroSystems' stock slides 9% premarket as it suspends factory operations over strike

LOS ANGELES, CA / ACCESSWIRE / June 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Spirit AeroSystems Holdings, Inc. ("Spirit" or "the Company") (NYSE:SPR) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 8, 2020 and April 13, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 5, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $500,000 to Contact the Firm

WICHITA, Kan. , June 21, 2023 /PRNewswire/ -- In light of the decision to strike by Spirit AeroSystems employees represented by the International Association of Machinists and Aerospace Workers today, Spirit will suspend factory production prior to the expiration of the contract.

Spirit AeroSystems to Suspend Factory Operations

Workers at Spirit AeroSystems' plant in Kansas, which makes critical structures for Boeing jetliners, will go on strike on Saturday, after rejecting a proposed four-year deal on Wednesday night, the International Association of Machinists and Aerospace Workers said.

Spirit AeroSystems workers at Kansas plant to strike after rejecting deal

NEW YORK , June 21, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) between April 8, 2020 and April 13, 2023, both dates inclusive (the "Class Period"), of the important July 3, 2023 lead plaintiff deadline. SO WHAT: If you purchased Spirit AeroSystems securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING LAW FIRM, Encourages Spirit AeroSystems Holdings Inc. Investors to Secure Counsel Before Important July 3 Deadline in Securities Class Action - SPR

LOS ANGELES, CA / ACCESSWIRE / June 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Spirit AeroSystems Holdings, Inc. ("Spirit" or "the Company") (NYSE:SPR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 8, 2020 and April 13, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 5, 2023.

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 20, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Spirit AeroSystems Holdings, Inc. ("Spirit" or "the Company") (NYSE:SPR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 8, 2020 and April 13, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 5, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $100,000 to Contact the Firm

Tingo Group Inc

NEW YORK, NY / ACCESSWIRE / June 19, 2023 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

SHAREHOLDER ALERT: ADDYY SPR TIO: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Spirit Aerosystems has reached a tentative four-year contract agreement with the 6,000-member machinists union employed at its Wichita, Kansas plant, the union said Friday in a statement.

Spirit Aerosystems reaches tentative four-year deal with workers, avoiding possible strike

NEW YORK , June 14, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) between April 8, 2020 and April 13, 2023, both dates inclusive (the "Class Period"), of the important July 3, 2023 lead plaintiff deadline. SO WHAT: If you purchased Spirit AeroSystems securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

SPR SHAREHOLDER ALERT: ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Encourages Spirit AeroSystems Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SPR

Luminar Technologies

NEW YORK, NY / ACCESSWIRE / June 14, 2023 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

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