Spirit Aero CEO Says Incurred Impacts Approaching $200M Over Last 18 Months Due To Supply Chain Distress; There Continues To Be Challenges In Supply Chain, Which Have Destabilized Our Production Lines
Portfolio Pulse from Happy Mohamed
Spirit Aero's CEO has reported that the company has incurred impacts of nearly $200M over the last 18 months due to supply chain distress. The ongoing challenges in the supply chain have destabilized their production lines.
August 04, 2023 | 11:35 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Boeing may be indirectly affected by the supply chain issues faced by Spirit AeroSystems, a key supplier.
While Boeing is not directly mentioned in the news, it is a major customer of Spirit AeroSystems. Therefore, the supply chain issues and production instability at Spirit could indirectly affect Boeing's operations and stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
Spirit AeroSystems has faced significant financial impacts and production instability due to ongoing supply chain issues.
The news directly mentions Spirit AeroSystems and the significant financial impact it has faced due to supply chain issues. This could negatively affect the company's financial performance and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100