tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spirit AeroSystems to begin furloughs if Boeing strike continues, FT says

Spirit AeroSystems (SPR) will begin furloughs in a few weeks if a strike at Boeing (BA) continues, Claire Bushey and Sylvia Pfejfer of The Financial Times reports. Spirit AeroSystems makes the fuselage for the 737 Max, which is assembled at a Boeing site where employees recently walked off the job earlier this month. Spirit was behind schedule and is using the labor disruption to catch up on filling orders, but, if the strike stretches past mid-October, the company will no longer be insulated from its effects, an industry source told the Times.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1