Boeing wants Spirit AeroSystems before it picks a new CEO
In the midst of leadership transition, Boeing's outgoing CEO has made recommendations for his successor, highlighting the strategic importance of finalizing the Spirit AeroSystems deal.
The latest on Spirit AeroSystems
Airbus holding preliminary talks on securing Spirit AeroSystems work packages
Airbus explores future collaboration possibilities with Spirit AeroSystems amid potential takeover scenarios, focusing on securing strategic work packages without revealing specific strategies.
Boeing readies for sluggish first-quarter earnings report
Amidst preparation for a challenging Q1 earnings report, Boeing grapples with strategic decisions surrounding a potential Spirit AeroSystems acquisition and the search for Dave Calhoun's successor.
Boeing to face questions on potential CEO candidates, Spirit talks
Boeing braces for a rigorous Q&A in its upcoming results presentation, spotlighting CEO succession plans, ongoing discussions with Spirit AeroSystems, and the declining production pace of the 737 MAX, accompanied by an anticipated increase in cash-burn rate.
Spirit AeroSystems limits overtime and hiring as Boeing 737 output drops
In response to decreased production rates of the Boeing 737 MAX, driven by intensified U.S. regulatory scrutiny and assembly line adjustments outside Seattle, Spirit AeroSystems is implementing workforce strategies including limited overtime and hiring freezes.
Dish Soap to Help Build Planes? Boeing Signs Off on Supplier’s Method.
A recent FAA audit has exposed Spirit AeroSystems' inventive use of Dawn soap and a hotel key card in its plane manufacturing processes, prompting discussions on methods and standards.
Airbus CEO says 'not unlikely' it will take some Spirit Aero plants
Airbus is considering the takeover of Spirit AeroSystems' operations in the U.S. and UK, contingent on Boeing's acquisition of the supplier, highlighting strategic shifts in aerospace manufacturing.
Spirit AeroSystems replaces senior vice president of quality
In a notable leadership shuffle, Spirit AeroSystems introduces a new Senior Vice President of Quality, intriguingly sharing the same surname as the outgoing executive.
Hexcel names former Spirit AeroSystems head Tom Gentile as new President/CEO
Thomas Gentile III steps into his new role as President and CEO of Hexcel, following Nick Stanage, who transitions to Executive Chairman until 2024.
Boeing, Airbus exploring framework to divvy up Spirit Aero's operations, sources say
In a move to secure their supply chain, Boeing and Airbus are nearing a deal to split the operations of Spirit AeroSystems, focusing on divisions that bolster their primary jet programs.
Texas AG announces investigation into Boeing parts supplier Spirit AeroSystems over safety concerns
The Texas Attorney General initiates an investigation into Spirit AeroSystems amidst allegations of repeat issues with components supplied to Boeing, raising safety alarms.
Airbus confirms interest in parts of Spirit Aerosystems
In a strategic move, Airbus displays interest in acquiring parts of Spirit AeroSystems, leveraging a potential shift in aviation manufacturing dynamics as Boeing contemplates buying the supplier.
Boeing Serious About Buying Spirit Aero; Cuts Financial Expectations
Boeing plans to reacquire supplier Spirit AeroSystems, which it spun off in 2005, aiming to enhance safety and quality. This move involves cash and debt financing, part of Boeing's strategic shift to solidify its supplier network.
Spirit AeroSystems Stock Rises 6% After Boeing Commentary on Deal
Spirit AeroSystems' stock reacts to varying factors: rising 6% following positive Boeing re-combination comments and experiencing pressure after an Alaska Airlines incident.
A Boeing buyout of Spirit AeroSystems might not mean a 'deluge of pink slips'
Industry experts discuss the future of Wichita operations and job retention amidst Boeing's contemplation of reacquiring Spirit AeroSystems.
Spirit AeroSystems, Astraius join forces to boost UK launch ambitions
A new partnership between Spirit AeroSystems and Astraius aims to elevate satellite launch operations at Prestwick Spaceport, marking a significant step for the UK's aerospace ambitions.
Spirit Aero Wins High-Speed Wing Work For DARPA
In a pioneering DARPA program, Spirit AeroSystems has been selected to craft and evaluate an innovative, large wing designed for future high-speed aircraft applications.
Boeing And Spirit AeroSystems: A Match That Could Reshape Supply Chains
In a strategic move, Boeing and Spirit AeroSystems are discussing a merger, with the potential to significantly alter the aerospace industry's global supply chain landscape.
Report: Dish soap, hotel key card among Spirit AeroSystems errors found in audit
In a series of FAA audits, Spirit AeroSystems was found utilizing unconventional materials like dish soap and hotel key cards in the production of 737 Max door seals, raising concerns over compliance and quality control.
Uncertainty for Belfast workers as Spirit Aerosystems enter acquisition talks with Airbus rival Boeing
The potential acquisition of Spirit Aerosystems by Boeing brings uncertainty to the future of Airbus' composite wing production in Belfast, highlighting the interconnectedness of major aerospace manufacturers.
Why A Boeing Acquisition Of Spirit Aero Is Not So Obvious
Amid industry speculation, Boeing is in discussions with Spirit AeroSystems regarding a possible merger, highlighting the complexities of such aerospace consolidations.
Wichita unions await guidance on Boeing, Spirit AeroSystems possible buyout
In Wichita, union members are keenly seeking explanations on the ramifications of a potential acquisition of Spirit AeroSystems by Boeing for their employment and future.
Why Boeing-Spirit AeroSystems deal is 'the right move,' analyst says
In a strategic move following a January safety incident, Boeing is set to acquire Spirit AeroSystems, aiming to bolster its manufacturing process oversight.
Emirates chief backs Boeing-Spirit merger amid factory crisis
Emirates President, Tim Clark, supports Boeing's current leadership and potential merger with Spirit AeroSystems as strategic moves towards addressing the manufacturer's recent crises and industrial challenges.
Wichita leaders weigh in on Boeing's potential buyout of Spirit AeroSystems
In a move that could reshape the aerospace industry, Boeing is reportedly exploring the purchase of Spirit AeroSystems, Wichita's largest employer with 12,900 staff.
FAA audit faults Boeing for multiple instances of quality lapses
An FAA audit identified significant compliance failures with quality control standards at Boeing and Spirit AeroSystems, highlighting manufacturing defects.
Re-merger of Boeing and Spirit AeroSystems pits quality control against value creation
In a move to bolster quality control and address safety concerns, Boeing is in preliminary talks for a possible reacquisition of Spirit AeroSystems, following incidents that highlighted safety issues.
Spirit AeroSystems in parallel strategic talks with Boeing and Airbus
In a pivotal move for the aerospace supply chain, Spirit AeroSystems is concurrently engaged in strategic discussions with Boeing and Airbus regarding the potential sale of its A220 wing manufacturing facility.
Airbus has explored buying Spirit A220 wings plant, sources say
In discussions that could reshape parts of the supply chain, Airbus has considered assuming control of the Spirit AeroSystems wing production facility in Belfast, vital for the A220 aircraft production.
Boeing Is in Talks to Buy Ex-Unit Spirit AeroSystems
Spirit AeroSystems sees a 6% stock surge amid reports of Boeing's potential acquisition, a move reflecting strategic growth and market consolidation efforts.
With Boeing in hot seat, claims against supplier Spirit AeroSystems take shape
Former Spirit AeroSystems employees have detailed a disturbing safety culture, raising concerns alongside Boeing's quality control issues, following a critical incident involving a 737 model.
Spirit AeroSystems Expands Engineering Capabilities by Opening Design Center in Malaysia
Enhancing its engineering footprint, Spirit AeroSystems has inaugurated its new Engineering Design Center in Subang, Malaysia, aiming to leverage local talent for global projects.
US Air Force Says It Is Not Aware of B-21 Quality Problems Linked to Spirit AeroSystems
Despite NTSB investigations into Spirit AeroSystems, the Air Force has not identified any quality issues with B-21 Raider production linked to the supplier.
Spirit AeroSystems aims to bring more technology to the 737’s manual-centric fuselage production process
Spirit AeroSystems is set to integrate automation in Boeing 737 Max fuselage production to enhance quality, despite the aircraft's older design limiting full-scale modernization efforts.
Spirit AeroSystems closing in on new financial terms with Airbus
Aiming to rectify deficits from its production programs, Spirit AeroSystems is expected to finalize new financial terms with Airbus by February's end.
Spirit to ramp up robotics to reduce 737 fuselage problems
Following an in-flight panel detachment, Spirit AeroSystems defers its 2024 financial guidance in the wake of the FAA's restriction on increasing Boeing 737 MAX production rates.
FAA puts more ‘boots on the floor’ at Renton plant as Boeing slows work
In response to reduced output rates, the FAA has escalated its presence at Boeing's Renton plant for rigorous inspections, also extending scrutiny to key supplier Spirit AeroSystems in Wichita.
Spirit AeroSystems faces more manufacturing issues as it readies for fourth-quarter results
Ahead of their Q4 earnings report, Spirit AeroSystems contends with manufacturing hurdles despite a healthy order book, testing the optimism of industry analysts.
Boeing halts some deliveries from Spirit to catch up on unfinished manufacturing work
Boeing has paused deliveries of the 737 MAX due to the discovery of mis-drilled holes in fuselages supplied by Spirit AeroSystems, impacting around 50 aircraft pending further inspection and rework.
Spirit Aero Jumps on Report Boeing Misinstalled Jet Panel
After an Alaska Airlines fuselage panel detachment incident, investigations exonerate Spirit AeroSystems, attributing the error to Boeing's installation process.
Boeing CEO: We’re going to learn from the Alaska Airlines incident
Following a recent incident aboard an Alaska Airlines 737 MAX 9, Boeing's CEO has addressed Spirit AeroSystems employees, emphasizing the importance of learning and improvement from the occurrence.
Boeing CEO Dave Calhoun to Visit Main 737 Supplier Spirit Aerosystems in Wichita Kansas as Quality Crisis Grows
Amid growing scrutiny over 737 Max quality concerns, Boeing's CEO Dave Calhoun schedules crucial discussions with executives of the pivotal supplier Spirit AeroSystems.
Ryanair doubles number of engineers overseeing Boeing’s production lines
Following quality control criticisms by CEO Michael O’Leary, Ryanair is increasing engineers at Boeing’s Seattle and Wichita plants to enhance oversight and ensure aircraft standards.
Spirit Aero made blowout part but Boeing has key role
Recent problems with Boeing 737 MAX fuselages have once again put Spirit AeroSystems' production quality under scrutiny, following a fuselage blowout on a new 737 Max 9 jet.
Spirit CEO Taps Former Boeing Colleagues to Revive Ailing Aerospace Supplier
Under CEO Pat Shanahan’s leadership, Spirit AeroSystems is rallying a seasoned team of Boeing veterans to steer the supplier's turnaround strategy.
Spirit AeroSystems Shakes Up Management as Chief Operating Officer Sam Marnick Departs
In a strategic move to enhance program execution, Spirit AeroSystems has announced COO Sam Marnick's departure, aligning with interim CEO Pat Shanahan's restructuring plans.
Skyrora and Spirit AeroSystems Announce a Collaboration on Orbital Launch Capability
In a strategic move to advance the UK's aerospace sector, Skyrora has aligned with Spirit AeroSystems, leveraging local expertise for planned orbital rocket manufacturing and launches.
Shares of Spirit Aero down 16% as company looks to raise cash
In the wake of a 15% decline in after-hours trading, Spirit AeroSystems seeks new capital-raising avenues to bolster its financial position amidst industry challenges.
How Patrick Shanahan Will Change Spirit Aerosystems Or Not
Spirit AeroSystems welcomes veteran Boeing executive, Patrick Shanahan, as their new chief executive. Facing the bold challenge, Shanahan seems undeterred, showing to make prompt changes in the organization.
Spirit Focused on Delivering On Time and At Quality
Pat Shanahan, the recently-appointed CEO of Spirit Aerosystems, aims to bolster the company's reputation with top clients Airbus and Boeing through a steadfast commitment to punctual and high-quality outputs.