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Spirit AeroSystems shares fall, company holds talks with Boeing on 737 MAX

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Shares in Spirit AeroSystems Holdings Inc tumbled 13% on Tuesday after the key Boeing Co supplier warned it was seeking relief from its lenders due to Boeing's move to reduce parts shipments substantially this year.

) supplier warned it was seeking relief from its lenders due to Boeing’s move to reduce parts shipments substantially this year.

A Boeing spokesperson declined to confirm or comment on specific talks between the companies, but said Boeing was “working closely with all of our suppliers to ensure we all emerge from this situation strong, healthy and prepared for the future.” Spirit now expects to deliver only 72 shipsets to Boeing. That compares with 606 shipments in 2019, Jefferies told clients Tuesday.

 

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NVnotpayingPUA

..with all the perils of air-travel..., since they're holding talks anyway ... why not with the ship people.. Appears to be a relaxed way of travel. Walk around on the deck. Slow speed. Everyone at ease....

stoolpresidente Boeing actually sabotaging your portfolio at every turn

twee Heilige uit de Bijbel

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