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Spirit AeroSystems, a key supplier to Boeing, has postponed its 2024 financial forecast and withheld guidance for this year as it awaits clarity on the 737 MAX production rate. The decision follows a restriction on Boeing's ability to increase 737 MAX production after a mid-air cabin panel blowout. Despite these challenges, Spirit AeroSystems reported a surprise profit in its Q4 Earnings Snapshot, with its shares rising 3.0% pre-market. The FAA's audit of Boeing's 737 MAX production line may result in schedule changes. Dubai Aerospace Enterprise (DAE) expects further delays in Boeing deliveries due to the production cap and recent incidents. On the other hand, Airbus confirmed it delivered 30 jets in January, a 50% increase from the previous year, and reported 31 new orders, indicating a more positive outlook for Boeing's competitor.
A top Boeing executive urged suppliers to maintain the pace of the current 737 production schedule, but acknowledged that an ongoing Federal Aviation Administration audit of the company's 737 MAX production line could force changes to the schedule https://t.co/5rXjABfQU7
A top Boeing executive urged suppliers to maintain the pace of the current 737 production schedule, but acknowledged that an ongoing Federal Aviation Administration audit of the company's 737 MAX production line could force changes to the schedule https://t.co/Dtu8YSbJQR
FAA audit could result in changes to 737 production schedule, Boeing exec says https://t.co/8sc5ViR2hi https://t.co/6rFXt2K4q8
AIRCRAFT LESSOR DAE EXPECTS FURTHER BOEING DELAYS (Reuters) A production cap and recent incidents with Boeing's 737 MAX aircraft will "undoubtedly" impede the plane maker's ability to catch up on already delayed delivery commitments, lessor Dubai Aerospace Enterprise (DAE)… https://t.co/iqGb67FILh
$BA | Boeing’s Supply Chain Head: FAA’s Audit Findings Could Change The Master Schedule For 737 Production
⚠️ AIRBUS CONFIRMS 30 JANUARY DELIVERIES, POSTS 31 ORDERS (Reuters) Europe's Airbus confirmed on Wednesday it had delivered 30 jets in January, up 50% from the same month last year, and reported 31 new orders. Airbus formally booked a recent order from Delta Air Lines for 20… https://t.co/hzWBmmNTJQ
⚠️ AIRCRAFT LESSOR DAE EXPECTS FURTHER BOEING DELAYS (Reuters) A production cap and recent incidents with Boeing's 737 MAX aircraft will "undoubtedly" impede the planemaker's ability to catch up on already delayed delivery commitments, lessor Dubai Aerospace Enterprise (DAE)… https://t.co/9kAn5c3q85
Spirit Aero delays 2024 forecast on MAX production cap, Airbus talks https://t.co/FK9DfnEpLK https://t.co/FphDfZzTQG
$SPR (+3.0% pre) Spirit Aerosystems: Q4 Earnings Snapshot - AP https://t.co/f6yHiJOB9l
$CARR (-3.1% pre) Carrier Global: Q4 Earnings Snapshot - AP https://t.co/uPjRkWO23o
$CEIX (+5.9% pre) Consol Energy: Q4 Earnings Snapshot - AP https://t.co/asQD8z88Uz
Spirit AeroSystems, the top supplier to Boeing, withholds financial guidance for this year as it waits for clarity on production-rate plans for the 737 Max model https://t.co/2jWzszLPJK
Spirit AeroSystems reports a surprise profit but won’t provide guidance until timing of 737 Max production increases becomes clear https://t.co/HLMLfTUMdO
⚠️ SPIRIT AERO POSTPONES 2024 FORECAST (Reuters) Spirit AeroSystems on Tuesday postponed providing a forecast for 2024 after customer Boeing was barred from raising its 737 MAX production following a mid-air cabin panel blowout..... For more on this story, check out PiQ Suite https://t.co/x4cojLeUod