Spirit AeroSystems suspends 2019 guidance after MAX production slowdown

Aerostructures provider Spirit AeroSystems has suspended its financial guidance for 2019 and shelved stock buybacks, executives announced May 1, as the Wichita manufacturer tries to get a handle on costs and challenges from the Boeing 737 MAX production slowdown and groundings. The announcement was...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.