Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Spirit Aero reviews furlough contingency plans amid Boeing strike

by
September 26, 2024
in Stock
0
Spirit Aero reviews furlough contingency plans amid Boeing strike

(Reuters) -Spirit AeroSystems is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier of Boeing (NYSE:BA) has not yet made a decision.

The planning by the financially struggling Wichita, Kansas-based aerostructures giant follows a strike by more than 32,000 U.S. West Coast Boeing workers that is now spilling over into the planemaker’s supply chain.

Boeing and its largest union will resume contract talks on Friday in a bid to end a strike that has throttled plane production and hammered the finances of the aerospace giant.

Boeing workers in the Seattle area and Portland, Oregon, walked off the job on Sept. 13 in the union’s first strike since 2008, halting production of airplane models including Boeing’s best-selling 737 MAX. Spirit produces the fuselage for Boeing’s MAX.

“We’re reviewing our contingency plans regarding furloughs. No decisions have been made at this time,” Spirit spokesperson Joe Buccino said.

Buccino added that Spirit was evaluating “a variety of possible actions all aimed at protecting the future of our company.”

The Financial Times reported on Wednesday that Spirit would begin furloughs in three weeks if the strike continues.

This post appeared first on investing.com
Previous Post

India’s Star Health sues Telegram after hacker uses app’s chatbots to leak data

Next Post

FTC bars Hess CEO from Chevron board seat as condition of deal, say sources

Next Post
FTC bars Hess CEO from Chevron board seat as condition of deal, say sources

FTC bars Hess CEO from Chevron board seat as condition of deal, say sources

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Israel pounds Hezbollah targets, daring Lebanon to reclaim sovereignty from Iran-backed terror proxy

    Israel pounds Hezbollah targets, daring Lebanon to reclaim sovereignty from Iran-backed terror proxy

    March 6, 2026
    Rep Tony Gonzales announces he will not seek re-election amid House Ethics investigation into affair

    Rep Tony Gonzales announces he will not seek re-election amid House Ethics investigation into affair

    March 6, 2026
    Oreterra Metals: Close on the Trail of a Potentially Major New BC Copper-Gold Discovery

    Oreterra Metals: Close on the Trail of a Potentially Major New BC Copper-Gold Discovery

    March 6, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Israel pounds Hezbollah targets, daring Lebanon to reclaim sovereignty from Iran-backed terror proxy
    • Rep Tony Gonzales announces he will not seek re-election amid House Ethics investigation into affair
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved