On Spirit AeroSystems’ Q1 earnings call, CFO Mark Suchinski stated: "Looking ahead, the rework and disruption from the Vertical FIN attach fitting issue as well as the risk of lower 737 deliveries will have a negative impact on free cash flow this year. The forward losses taken during the quarter will also result in additional pressure in our cash flows. Given these headwinds, we now expect our full year free cash flow usage to be in the range of $100M to $150M negative."
Published first on TheFly
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