Key Insights Spirit AeroSystems Holdings' estimated fair value is US$24.02 based on 2 Stage Free Cash Flow to Equity...
TD Cowen's latest note suggests that while Boeing (NYSE:BA) may face a challenging second quarter, a strong recovery is anticipated in the latter half of the year.
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