Spirit AeroSystems extends Boeing 737 furloughs through August 14
FILE PHOTO: Airplane fuselages bound for Boeing's 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. REUTERS/Nick Oxford
Get Alerts SPR Hot Sheet
Join SI Premium – FREE
SEATTLE (Reuters) - Spirit AeroSystems Holdings Inc (NYSE: SPR), a major jet parts maker struggling in the face of the ongoing Boeing Co (NYSE: BA) 737 MAX grounding and COVID-19 pandemic, is extending furloughs for hundreds of 737 workers through August 14, the company said on Friday.
Workers were due to return to work on July 6 after a 21-day furlough, but Spirit extended the leave after Boeing told Spirit not to deliver any more fuselages through all of July, Reuters reported.
(Reporting by Eric M. Johnson in Seattle; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nvidia stock edges higher on Microsoft data center expansion report
- Morgan Stanley cautious on Coinbase, but target implies over 40% upside
- OpenAI meets with utility leaders on grid risks from rogue AI - report
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share