SPIRIT AEROSYSTEMS lost $617m in 1Q24 on 19% higher y-o-y revenues. It delivered 70 Boeing shipsets (44 737s) vs 116 (95) a year ago and 191 Airbus shipsets vs 176. Its current 737 production rate is approximately 31 aircraft/month.
AIRBUS delivered 61 aircraft (three A220s; 51 A320neo Family; A330neo; six A350s) in April vs 54 (six A220s; 42 A320neo Family; two A330neos; four A350s) in April 2023. It also posted orders from BRITISH AIRWAYS for three A320neos and two A321neos, JAPAN AIRLINES for one A350-900, and an undisclosed customer for 51 A321neos.
