Spirit AeroSystems, the Wichita-based lead supplier of aerostructures to Boeing, said it will furlough around 700 employees for 21 days starting Oct. 28.
Airbus says it will cut staff and reorganize its Defense and Space unit to respond to business challenges that have dented the company’s earnings since 2023.
Boeing and the International Association of Machinists accused each other of not being willing to move after another round of mediated negotiations collapsed Oct. 8.
Working together, industry and higher education can bridge the skills gap, foster innovation and build partnerships that contribute to our sector's success.
As the strike by Boeing’s machinists enters a new, uncertain phase, the company’s suppliers, customers and investors are grappling with the rising damage.