UPDATE 1-Spirit Aero reviews furlough contingency plans amid Boeing strike

Reuters09-27

(Adds comments from Spirit spokesperson, paragraphs 5-6)

Sept 26 (Reuters) - Spirit AeroSystems is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier of Boeing has not yet made a decision.

The planning by the financially struggling Wichita, Kansas-based aerostructures giant follows a strike by more than 32,000 U.S. West Coast Boeing workers that is now spilling over into the planemaker's supply chain.

Boeing and its largest union will resume contract talks on Friday in a bid to end a strike that has throttled plane production and hammered the finances of the aerospace giant.

Boeing workers in the Seattle area and Portland, Oregon, walked off the job on Sept. 13 in the union's first strike since 2008, halting production of airplane models including Boeing's best-selling 737 MAX. Spirit produces the fuselage for Boeing's MAX.

"We're reviewing our contingency plans regarding furloughs. No decisions have been made at this time," Spirit spokesperson Joe Buccino said.

Buccino added that Spirit was evaluating "a variety of possible actions all aimed at protecting the future of our company."

The Financial Times reported on Wednesday that Spirit would begin furloughs in three weeks if the strike continues.

(Reporting by Allison Lampert; Editing by Mark Porter and Will Dunham)

((Allison.Lampert@thomsonreuters.com; 514-796-4212))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470176785?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 04:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470176785","market":"us","top_or_hot":-1,"title":"UPDATE 1-Spirit Aero reviews furlough contingency plans amid Boeing strike","media":"Reuters","content":"<html><body><p>(Adds comments from Spirit spokesperson, paragraphs 5-6)</p><p>      Sept 26 (Reuters) - Spirit AeroSystems    is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier of Boeing    has not yet made a decision. </p><p>   The planning by the financially struggling Wichita, Kansas-based aerostructures giant follows a strike by more than 32,000 U.S. West Coast Boeing workers that is now spilling over into the planemaker's supply chain. </p><p>   Boeing and its largest union will resume contract talks on Friday in a bid to end a strike that has throttled plane production and hammered the finances of the aerospace giant.</p><p>   Boeing workers in the Seattle area and Portland, Oregon, walked off the job on Sept. 13 in the union's first strike since 2008, halting production of airplane models including Boeing's best-selling 737 MAX. Spirit produces the fuselage for Boeing's MAX.</p><p>   \"We're reviewing our contingency plans regarding furloughs. No decisions have been made at this time,\" Spirit spokesperson Joe Buccino said.</p><p>   Buccino added that Spirit was evaluating \"a variety of possible actions all aimed at protecting the future of our company.\"</p><p>   The Financial Times reported on Wednesday that Spirit would begin furloughs in three weeks if the strike continues.</p><p> (Reporting by Allison Lampert; Editing by Mark Porter and Will Dunham)</p><p>((Allison.Lampert@thomsonreuters.com; 514-796-4212))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UPDATE 1-Spirit Aero reviews furlough contingency plans amid Boeing strike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUPDATE 1-Spirit Aero reviews furlough contingency plans amid Boeing strike\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 04:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Adds comments from Spirit spokesperson, paragraphs 5-6)      Sept 26 (Reuters) - Spirit AeroSystems    is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday,...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1435385759.SGD","symbol_name":"Natixis Loomis Sayles US Growth Equity RA SGD-H","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2470176785","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470176785","pubTimestamp":1727381812,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"(Adds comments from Spirit spokesperson, paragraphs 5-6)      Sept 26 (Reuters) - Spirit AeroSystems    is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday,","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4516":"特朗普概念","BK4564":"太空概念","BA":"波音","SPR":"Spirit AeroSystems Holdings Inc","BK4585":"ETF&股票定投概念","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","GPRO":"GoPro","BK4187":"航天航空与国防","BK4551":"寇图资本持仓","BK4588":"碎股","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4078":"消费电子产品"},"translate_title":"更新1-Spirit Aero在波音罢工期间审查休假应急计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPR":0.9,"BA":0.7,"GPRO":0.6},"content_text":"(Adds comments from Spirit spokesperson, paragraphs 5-6)      Sept 26 (Reuters) - Spirit AeroSystems    is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier of Boeing    has not yet made a decision.    The planning by the financially struggling Wichita, Kansas-based aerostructures giant follows a strike by more than 32,000 U.S. West Coast Boeing workers that is now spilling over into the planemaker's supply chain.    Boeing and its largest union will resume contract talks on Friday in a bid to end a strike that has throttled plane production and hammered the finances of the aerospace giant.   Boeing workers in the Seattle area and Portland, Oregon, walked off the job on Sept. 13 in the union's first strike since 2008, halting production of airplane models including Boeing's best-selling 737 MAX. Spirit produces the fuselage for Boeing's MAX.   \"We're reviewing our contingency plans regarding furloughs. No decisions have been made at this time,\" Spirit spokesperson Joe Buccino said.   Buccino added that Spirit was evaluating \"a variety of possible actions all aimed at protecting the future of our company.\"   The Financial Times reported on Wednesday that Spirit would begin furloughs in three weeks if the strike continues. (Reporting by Allison Lampert; Editing by Mark Porter and Will Dunham)((Allison.Lampert@thomsonreuters.com; 514-796-4212))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Company Corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470176785"}