Spirit AeroSystems to Suspend Factory Operations
Portfolio Pulse from Benzinga Newsdesk
Spirit AeroSystems will suspend factory production due to a strike by employees represented by the International Association of Machinists and Aerospace Workers. The suspension begins on June 22, with affected employees receiving pay for their regular work hours.
June 22, 2023 | 7:26 am
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Spirit AeroSystems suspends factory operations due to a strike, potentially impacting production and revenues in the short term.
The suspension of factory operations at Spirit AeroSystems due to the strike will likely have a negative impact on the company's production and revenues in the short term. This could lead to a decrease in the stock price as investors may be concerned about the company's ability to meet production targets and maintain profitability.
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