Spirit could have layoffs after Boeing strike continues [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
A Spirit spokesperson told KSN that regardless of the outcome, 700 Spirit workers in Wichita are still being furloughed on Monday. Tonight's offer would have given 33,000 Boeing machinists a 35% wage increase over four years and end the 41-day strike. KSN's Derek Lytle sat down with Spirit AeroSystems Spokesperson Joe Buccino to learn what this means for people on the shop floor in Wichita. Buccino said because Boeing machinists turned down this contract offer, more drastic cuts could be coming. “Unfortunately, due to a significant inventory overstock on our 767 and triple 7 programs, we are moving forward with the furlough of approximately 700 Spirit teammates,” said Buccino. Buccino said the “no” vote means job losses could be coming. “Should the strike continue beyond November 25th, financial pressures and a significant inventory buffer will force additional measures for us, more drastic furloughs certainly and layoffs of our teammates,” said Buccino. Buccino said Sp
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SPR
News
- Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead [Yahoo! Finance]Yahoo! Finance
- 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
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