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Spirit AeroSystems prepares Boeing 737/MAX production for rate 42

Spirit AeroSystems prepares Boeing 737/MAX production for rate 42

by Richard Schuurman | Feb 7, 2023 | Aerospace, Boeing | 1 comment

Spirit AeroSystems has started preparing for higher production rates of the Boeing 737/MAX and Airbus A320neo family programs. It is working towards a rate 42 per month in October for the 737/MAX, although Boeing currently keeps its own production at 31 per month for...
Spirit AeroSystems to reduce costs as MAX rates remain low

Spirit AeroSystems to reduce costs as MAX rates remain low

by Richard Schuurman | Nov 3, 2022 | Aerospace, Boeing | 0 comments

Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit said in its Q3...
Spirit AeroSystems: higher deliveries but also higher net loss

Spirit AeroSystems: higher deliveries but also higher net loss

by Richard Schuurman | Aug 3, 2022 | Aerospace, Airlines, Boeing | 0 comments

UPDATE – Doubling the number of 737/MAX deliveries to Boeing helped Spirit AeroSystems to push revenues up by 26-28 percent in Q2 and HY1 respectively. The Tier 1 supplier is expecting a slower increase in production rates for the coming period as the industry...
Spirit AeroSystems prepares Boeing 737/MAX production for rate 42

Higher MAX volumes benefit Spirit AeroSystems in Q1

by Richard Schuurman | May 4, 2022 | Aerospace | 0 comments

Higher production volumes on the Boeing MAX program are the main driver behind better first-quarter results of Spirit AeroSystems. The Tier 1 supplier to Boeing, Airbus, and Bombardier reported thirty percent higher revenues and a 69 percent lower net loss on May 4....
Spirit AeroSystems reduces losses but 787 continues to bleed money

Spirit AeroSystems reduces losses but 787 continues to bleed money

by Richard Schuurman | Feb 2, 2022 | Aerospace | 0 comments

UPDATE – Higher production deliveries of the Boeing MAX and Airbus A220 program have improved the results of tier-1 supplier Spirit AeroSystems in 2021. However, they were severely impacted by the ongoing production pause of the Boeing 787, which produced a...

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