SPIRIT AEROSYSTEMS

April 16, 2020
SPIRIT AEROSYSTEMS is projecting net loss of $160m for 1Q20 (vs $163m profit in 1Q19) on 46% lower revenues; it recognized forward loss charges of $17m related to 787, 747, 767, A350, and BR725 programs. It delivered 324 shipsets vs 453 in 1Q19.

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