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SPR Jul 2024 42.000 put
| Previous close | 12.00 |
| Open | 12.10 |
| Bid | 8.60 |
| Ask | 11.60 |
| Strike | 42.00 |
| Expiry date | 2024-07-19 |
| Day's range | 12.00 - 12.10 |
| Contract range | N/A |
| Volume | |
| Open interest | 224 |
BenzingaSpirit AeroSystems To Lay Off Hundreds As Boeing Struggles with Production
Spirit AeroSystems Holdings Inc (NYSE:SPR), a primary supplier of jet fuselages, is reducing its workforce by 400 to 450 employees at its Wichita, Kansas factory. The layoffs are a response to a production deceleration at Boeing Co (NYSE:BA), Spirit’s largest client. “The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita,” Spirit stated. Originally part of Boeing, Spirit AeroSystems has faced significant quality challenges with the 737 MA
Associated Press FinanceKey Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows
A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew off one of those airplanes operated by Alaska Airlines in midair in January. A spokesman for Spirit AeroSystems confirmed the layoffs at its Wichita, Kansas, plant on Thursday that would trim its workforce of just over 13,000 people. Spirit is Boeing's most important supplier on the 737s because it makes fuselages and installs door plugs like the one that flew off the plane.
The GuardianBoeing supplier regularly shipped parts with defects, whistleblower alleges
Santiago Paredes says he regularly found defects on fuselages being shipped by Spirit AeroSystems to Boeing
