Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead [Yahoo! Finance]
Spirit Aerosystems Holdings, Inc. (SPR)
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am
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Source: Yahoo! Finance
U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would "not be a walk in the park". Airbus plans to take over the running of four Spirit plants associated with its A350 and A220 jetliner programmes as part of a loosely coordinated plan to carve up the company with Boeing, which is buying back almost all the rest of its former unit. The rare act of cooperation between business foes reflects concerns that the rapid decline of one of the industry's key suppliers, spun off from Boeing almost 20 years ago, could have spread havoc through the world's largest planemakers. Because the plants lose money, Spirit has agreed to pay $559 million to Airbus subject to due diligence and the shape of the deal, which could also include a fifth Scottish plant. "My teams say the finalisation is going reasonably well...so I am quite optimistic on Spirit," Airbus CEO Guillaume Faury told Reuters in an interview. But the French CEO said tough tas
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SPR
News
- Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI) [Yahoo! Finance]Yahoo! Finance
- Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)PR Newswire
- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with AirbusPR Newswire
- New client orders 40 Boeing planes, may order 40 more [Yahoo! Finance]Yahoo! Finance
SPR
Earnings
- 8/5/24 - Miss
SPR
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 8-K
- SPR's page on the SEC website