| Spirit Aerosystems (SPR) Moves to Strong Buy: Rationale Behind the Upgrade |
Spirit Aerosystems (SPR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-05-02 17:00:46 |
Czytaj oryginał (ang.) |
| Spirit Aero first-quarter revenue falls amid slower Boeing production |
Aerospace supplier Spirit AeroSystems on Thursday reported a drop in first-quarter revenue, hurt by slower production across most programs at its key customer Boeing. |
reuters.com |
2025-05-01 21:37:20 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Reports First Quarter 2025 Results |
WICHITA, Kan. , May 1, 2025 /PRNewswire/ -- First Quarter 2025 Revenues of $1.5 billion EPS of $(5.21); Adjusted EPS* of $(4.25) Cash used in operations of $420 million; Free cash flow* usage of $474 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported first quarter 2025 financial results. |
prnewswire.com |
2025-05-01 20:20:00 |
Czytaj oryginał (ang.) |
| Looking for a Fast-paced Momentum Stock at a Bargain? Consider Spirit Aerosystems (SPR) |
Spirit Aerosystems (SPR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. |
zacks.com |
2025-04-30 13:50:53 |
Czytaj oryginał (ang.) |
| Boeing Upgraded, eyes taking over supplier Spirit AeroSystems |
Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market. Subscribe here: https://link.podtrac.com/h0zn7xir On this episode of Stock Movers: • Boeing (BA) shares rose after Bernstein upgrades to outperform from market perform noting that the aircraft maker is now “making the progress it needed for the growth trajectory. |
youtube.com |
2025-04-28 19:22:36 |
Czytaj oryginał (ang.) |
| Boeing and Airbus agree carve up of Spirit AeroSystems |
Boeing Co (NYSE:BA, ETR:BCO) and Airbus Group (EPA:AIR) shares rose after the pair agreeing to carve up Spirit AeroSystems, splitting key assets of the struggling aerospace supplier between them. Under the agreement, Boeing will buy back Spirit's US-focused operations – which it spun off two decades ago – for $4.7 billion in stock, while Airbus will absorb loss-making European activities, both companies said on Monday. |
proactiveinvestors.co.uk |
2025-04-28 14:34:49 |
Czytaj oryginał (ang.) |
| Airbus Reaches Deal to Buy Spirit AeroSystems Plants |
The companies entered into a definitive deal for the acquisition of some Spirit industrial assets dedicated to Airbus's commercial aircraft programs. |
wsj.com |
2025-04-28 06:40:00 |
Czytaj oryginał (ang.) |
| Airbus finalizes long-awaited Spirit Aero deal |
Europe's Airbus said late on Sunday it has finalized an agreement to take some assets from Spirit AeroSystems , completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing. |
reuters.com |
2025-04-28 04:12:21 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Signs Divestiture Agreement with Airbus |
WICHITA, Kan. , April 28, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. |
prnewswire.com |
2025-04-28 03:59:00 |
Czytaj oryginał (ang.) |
| John Plueger to Depart Spirit AeroSystems Board After a Decade of Service |
WICHITA, Kan. , April 23, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that John L. |
prnewswire.com |
2025-04-23 11:00:00 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems top engineer to lead Wichita site after Boeing deal closes -letter |
Spirit AeroSystems' chief engineer and technology officer, Sean Black, will lead the company's site in Wichita, Kansas, after planemaker Boeing completes its acquisition of Spirit this year, according to a letter to employees on Tuesday seen by Reuters. |
reuters.com |
2025-04-22 18:17:44 |
Czytaj oryginał (ang.) |
| Spirit Airlines Picks New CEO From Rival Sun Country |
Dave Davis, formerly chief financial officer and president of Sun Country Airlines, will become Spirit's CEO next week, the airline announced Thursday (April 17). “We're excited to welcome Dave as Spirit's new president and CEO,” Robert Milton, chairman of Spirit Airlines, said in a news release. |
pymnts.com |
2025-04-17 19:58:02 |
Czytaj oryginał (ang.) |
| Airbus expects to finalise Spirit Aero deal this month, CFO says |
Airbus expects to finalise an agreement to buy part of the assets of Spirit AeroSystems by the end of the April and close the deal by mid-year, "ideally by June 30", Chief Financial Officer Thomas Toepfer told shareholders. |
reuters.com |
2025-04-15 14:26:38 |
Czytaj oryginał (ang.) |
| Fast-paced Momentum Stock Spirit Aerosystems (SPR) Is Still Trading at a Bargain |
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Spirit Aerosystems (SPR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2025-04-02 13:50:42 |
Czytaj oryginał (ang.) |
| These Are the Airlines Americans Love (and Hate) the Most |
Consumer spending is the backbone of the U.S. economy, and every year, a meaningful portion of a typical household budget goes towards non-essential items and experiences — such as jewelry, dining out, and entertainment. But a February 2025 survey conducted by the management consulting firm McKinsey found that Americans are more willing to splurge on travel than nearly every other sector. 24/7 Wall St. Key Points: Customer facing industries are often highly competitive, and air travel is no exception — particularly in an era of widespread economic uncertainty. Recent survey data measuring customer satisfaction suggests that some airlines are better positioned to maintain a solid customer base in the coming months than others. Also: Discover the next Nvidia While these findings should have come as welcome news to the air travel industry, many of the biggest airlines in the U.S. are not especially optimistic. In times of economic uncertainty or hardship, non-essential consumer spending tends to contract. And according to the University of Michigan Index of Consumer Sentiment, consumer confidence has fallen for three consecutive months — from 71.1 points in January, to 64.7 points in February, to 57.9 points in March. Waning optimism is due in large part to economic uncertainty under President Donald Trump and widespread concerns over the impact his administration’s policies may have on inflation, the job market, and business conditions. (Here is a look at the Americans who are not happy with Trump’s handling of the economy.) Shifts in public perception of the economy have broad implications for multiple industries, including air travel. Citing economic uncertainty, several major American airlines, including American, Delta, and United, cut earnings estimates in early March. Air travel is a highly competitive industry in the best of times, but under current economic conditions, airlines may have to go above and beyond to continue to bring in business. According to the latest data from the American Customer Satisfaction Index, some airlines appear better positioned to navigate current economic conditions than others. Using data from the ACSI, 24/7 Wall St. identified the best and worst airlines in America. We ranked all nine major airline companies with available data on their average customer satisfaction score in 2023 and 2024. Supplementary data on on-time arrivals is from the U.S. Bureau of Transportation Statistics. The airline industry as a whole had an overall customer satisfaction index score of 76.5 in 2023 in 2024. Among the nine airlines on this list, average scores range from 65.5 to 81.5. The two lowest ranked airlines on this list are so-called budget airlines. Generally, these companies can offer lower ticket prices by cutting operating costs. However, this often results in fewer in-flight amenities and additional fees for services that would be complimentary on other airlines. Notably, however, there are other budget airlines on this list with customer satisfaction scores that are in line with, or higher than, the industry average. Notably, the highest ranking airlines on this list are not necessarily those with the best track record of on-time arrivals. While getting customers to their destinations on time is the core of any airline’s business, customer perception is also based on a wide variety of additional factors. Indeed, each airline’s customer satisfaction index score comprises multiple benchmarks, such as the check-in process, interactions with the staff and flight crew, the range of offered flight schedules, as well as several measures of in-flight comfort — including availability of overhead storage, seating, and complimentary entertainment and refreshments. (Here is a look at the airlines with the best perks for business travelers.) Why It Matters In the current climate of growing economic pessimism and uncertainty, Americans are expected to cut back on discretionary spending. In this context, airlines will likely be forced to compete for business with a shrinking customer pool — and the companies that regularly meet or exceed traveler expectations may be better positioned to meet revenue targets than those that do not. 9. Spirit 2-year average annual customer satisfaction index score: 65.5 out of 100 Customer satisfaction index score by year: 67 in 2024, 64 in 2023 Carrier flights that arrived on time in 2023 and 2024: 72.0% Brand’s parent company: Spirit AeroSystems Holdings Corporate headquarters: Wichita, KS Corporate revenue in most recent available fiscal year: $6.3 billion Corporate operating profit in most recent available fiscal year: -$1.8 billion Stock ticker: NYSE: SPR 8. Frontier 2-year average annual customer satisfaction index score: 68.0 out of 100 Customer satisfaction index score by year: 69 in 2024, 67 in 2023 Carrier flights that arrived on time in 2023 and 2024: 68.4% Brand’s parent company: Frontier Group Holdings Corporate headquarters: Denver, CO Corporate revenue in most recent available fiscal year: $3.8 billion Corporate operating profit in most recent available fiscal year: $58.0 million Stock ticker: Nasdaq: ULCC 7. United 2-year average annual customer satisfaction index score: 76.0 out of 100 Customer satisfaction index score by year: 75 in 2024, 77 in 2023 Carrier flights that arrived on time in 2023 and 2024: 78.3% Brand’s parent company: United Airlines Holdings Corporate headquarters: Chicago, IL Corporate revenue in most recent available fiscal year: $57.1 billion Corporate operating profit in most recent available fiscal year: $5.2 billion Stock ticker: Nasdaq: UAL 4. JetBlue 2-year average annual customer satisfaction index score: 76.5 out of 100 (tied) Customer satisfaction index score by year: 77 in 2024, 76 in 2023 Carrier flights that arrived on time in 2023 and 2024: 69.9% Brand’s parent company: JetBlue Airways Corporation Corporate headquarters: Long Island City, NY Corporate revenue in most recent available fiscal year: $9.3 billion Corporate operating profit in most recent available fiscal year: -$93.0 million Stock ticker: Nasdaq: JBLU 4. Delta 2-year average annual customer satisfaction index score: 76.5 out of 100 (tied) Customer satisfaction index score by year: 77 in 2024, 76 in 2023 Carrier flights that arrived on time in 2023 and 2024: 82.2% Brand’s parent company: Delta Air Lines Corporate headquarters: Atlanta, GA Corporate revenue in most recent available fiscal year: $61.6 billion Corporate operating profit in most recent available fiscal year: $6.0 billion Stock ticker: NYSE: DAL 4. Allegiant 2-year average annual customer satisfaction index score: 76.5 out of 100 (tied) Customer satisfaction index score by year: 78 in 2024, 75 in 2023 Carrier flights that arrived on time in 2023 and 2024: 75.1% Brand’s parent company: Allegiant Travel Company Corporate headquarters: Las Vegas, NV Corporate revenue in most recent available fiscal year: $2.5 billion Corporate operating profit in most recent available fiscal year: $128.2 million Stock ticker: Nasdaq: ALGT 3. Southwest 2-year average annual customer satisfaction index score: 78.0 out of 100 Customer satisfaction index score by year: 78 in 2024, 78 in 2023 Carrier flights that arrived on time in 2023 and 2024: 77.9% Brand’s parent company: Southwest Airlines Corporate headquarters: Dallas, TX Corporate revenue in most recent available fiscal year: $27.5 billion Corporate operating profit in most recent available fiscal year: $321.0 million Stock ticker: NYSE: LUV 2. American 2-year average annual customer satisfaction index score: 78.5 out of 100 Customer satisfaction index score by year: 79 in 2024, 78 in 2023 Carrier flights that arrived on time in 2023 and 2024: 74.2% Brand’s parent company: American Airlines Group Inc. Corporate headquarters: Fort Worth, TX Corporate revenue in most recent available fiscal year: $54.2 billion Corporate operating profit in most recent available fiscal year: $3.2 billion Stock ticker: Nasdaq: AAL 1. Alaska 2-year average annual customer satisfaction index score: 81.5 out of 100 Customer satisfaction index score by year: 82 in 2024, 81 in 2023 Carrier flights that arrived on time in 2023 and 2024: 77.8% Brand’s parent company: Alaska Air Group, Inc. Corporate headquarters: Seattle, WA Corporate revenue in most recent available fiscal year: $11.7 billion Corporate operating profit in most recent available fiscal year: $915.0 million Stock ticker: NYSE: ALK The post These Are the Airlines Americans Love (and Hate) the Most appeared first on 24/7 Wall St.. |
https://247wallst.com |
2025-03-25 12:32:18 |
Czytaj oryginał (ang.) |
| Spirit Aerosystems (SPR) Reports Q4 Loss, Misses Revenue Estimates |
Spirit Aerosystems (SPR) came out with a quarterly loss of $4.22 per share versus the Zacks Consensus Estimate of a loss of $1.86. This compares to earnings of $0.48 per share a year ago. |
zacks.com |
2025-02-28 20:35:20 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems reports $577 million quarterly operating loss |
Spirit AeroSystems on Friday reported a $577 million operating loss for the fourth quarter of 2024 compared with $215 million in operating income during the same three months a year earlier, which was helped by a funding agreement with key customer Boeing. |
reuters.com |
2025-02-28 18:54:00 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Reports Fourth Quarter 2024 Results |
WICHITA, Kan. , Feb. 28, 2025 /PRNewswire/ -- Fourth Quarter 2024 Revenues of $1.7 billion EPS of $(5.38); Adjusted EPS* of $(4.22) Cash provided by operations of $137 million; Free cash flow* of $91 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported fourth quarter and full-year 2024 financial results. |
prnewswire.com |
2025-02-28 18:20:00 |
Czytaj oryginał (ang.) |
| Airbus to sign deal with Spirit Aero in weeks: CFO |
Airbus expects to firm up a deal to take over some of Spirit AeroSystems European operations in the next few weeks, the planemaker's CFO said on Thursday, as part of a transatlantic breakup of the aerostructures manufacturer. |
reuters.com |
2025-02-20 17:39:38 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems expects quarterly revenue above estimates on Boeing production restart |
Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing. |
reuters.com |
2025-02-10 10:03:18 |
Czytaj oryginał (ang.) |
| Boeing executive says supplier Spirit Aero has a substantial inventory of 737 fuselages |
Boeing's key supplier Spirit AeroSystems has a substantial inventory of 737 fuselages of significantly improved quality that are ready to ship, an executive with the planemaker told a Seattle aerospace conference on Tuesday. |
reuters.com |
2025-02-04 16:17:01 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Shareholders Approve Acquisition by Boeing |
WICHITA, Kan., Jan. 31, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that, at the special meeting of its shareholders held earlier today, its shareholders voted to approve the proposed acquisition of Spirit AeroSystems by The Boeing Company. |
prnewswire.com |
2025-01-31 18:30:00 |
Czytaj oryginał (ang.) |
| Spirit Announces Sale of Fiber Materials Inc. (FMI) to Tex Tech Industries |
WICHITA, Kan. , Jan. 13, 2025 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries, Inc. ("Tex-Tech") for $165 million in cash. |
prnewswire.com |
2025-01-13 10:30:00 |
Czytaj oryginał (ang.) |
| Why Is Spirit Aerosystems (SPR) Down 0.9% Since Last Earnings Report? |
Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-22 14:36:39 |
Czytaj oryginał (ang.) |
| Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead |
The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would "not be a walk in the park". |
reuters.com |
2024-11-19 20:36:53 |
Czytaj oryginał (ang.) |
| Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI) |
WICHITA, Kan. , Nov. 18, 2024 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announces a purchase agreement to sell Fiber Materials, Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. ("Tex-Tech") for $165,000,000 in cash, subject to customary adjustment. |
prnewswire.com |
2024-11-18 19:45:00 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with Airbus |
WICHITA, Kan., Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces a Second Amended and Restated Memorandum of Agreement with Airbus, in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit in an amount of $107 million. |
prnewswire.com |
2024-11-12 18:10:00 |
Czytaj oryginał (ang.) |
| Airbus nears deal on funding, payment terms with Spirit Aero, source says |
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said. |
reuters.com |
2024-11-12 14:05:12 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Announces Advance Payments Agreement with Boeing |
WICHITA, Kan. , Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350,000,000.00 to produce Boeing products at the rates required by Boeing. |
prnewswire.com |
2024-11-12 11:35:00 |
Czytaj oryginał (ang.) |
| Exclusive: Boeing close to funding agreement to help supplier Spirit Aero, source says |
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said. |
reuters.com |
2024-11-08 17:48:35 |
Czytaj oryginał (ang.) |
| Boeing Supplier Spirit Aero Adds Another Worry to the Stock's Turnaround Story |
Spirit AeroSystems might need more help from Boeing. |
barrons.com |
2024-11-07 14:07:00 |
Czytaj oryginał (ang.) |
| Boeing supplier Spirit AeroSystems says there's ‘substantial doubt' about its ability to keep operating |
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties at jet maker Boeing Co. pile up. |
marketwatch.com |
2024-11-05 21:13:00 |
Czytaj oryginał (ang.) |
| Spirit Aero raises doubts over ability to continue as going concern |
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ability to continue as a going concern. |
reuters.com |
2024-11-05 19:25:39 |
Czytaj oryginał (ang.) |
| Oil News: Possible SPR Refill Calms Price Slide, Bearish Outlook Persists |
Oil rebounds on possible U.S. SPR buy, yet weak demand and high inventories keep bearish outlook. Key price levels and election risks loom for crude traders. |
fxempire.com |
2024-10-29 07:55:59 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25 |
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. More than 32,000 Boeing machinists walked off the job on Sept. |
cnbc.com |
2024-10-24 18:31:58 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers. |
Boeing workers rejected a deal to end the strike for the second time, late Wednesday. |
barrons.com |
2024-10-24 11:13:00 |
Czytaj oryginał (ang.) |
| Spirit Aerosystems (SPR) Reports Q3 Earnings: What Key Metrics Have to Say |
While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-10-24 02:01:08 |
Czytaj oryginał (ang.) |
| Spirit Aerosystems (SPR) Reports Q3 Loss, Lags Revenue Estimates |
Spirit Aerosystems (SPR) came out with a quarterly loss of $3.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $1.42 per share a year ago. |
zacks.com |
2024-10-24 01:46:13 |
Czytaj oryginał (ang.) |
| Spirit Aero to implement a 21-day furlough for approximately 700 employees |
U.S. supplier Spirit AeroSystems will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs, effective Oct. 28, the company said on Wednesday. |
reuters.com |
2024-10-23 23:41:12 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Reports Third Quarter 2024 Results |
WICHITA, Kan. , Oct. 23, 2024 /PRNewswire/ -- Third Quarter 2024 Revenues of $1.5 billion EPS of $(4.07); Adjusted EPS* of $(3.03) Cash used in operations of $276 million; Free cash flow* usage of $323 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported third quarter 2024 financial results. |
prnewswire.com |
2024-10-23 23:26:00 |
Czytaj oryginał (ang.) |
| Spirit Aero to furlough 700 workers for 21 days due to Boeing strike |
Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13. |
foxbusiness.com |
2024-10-18 14:15:49 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems Announces Furloughs |
WICHITA, Kan. , Oct. 18, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces employee furloughs in response to the ongoing strike by Boeing employees represented by the International Association of Machinists and Aerospace Workers that began on September 13. |
prnewswire.com |
2024-10-18 14:00:00 |
Czytaj oryginał (ang.) |
| Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues |
Spirit AeroSystems will furlough some 700 workers. The Boeing supplier had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. |
cnbc.com |
2024-10-18 12:57:07 |
Czytaj oryginał (ang.) |