Spirit Aero Exec Says Need To Go After Indirect Costs Such As Enforcement Of Contracts With Suppliers, Organizational Inefficiencies; To Deliver 37-42 Narrowbody 737 Fuselages A Month In Q4; Sees Lower A220 Deliveries In Q4
Portfolio Pulse from Benzinga Newsdesk
During an investor call, a Spirit Aero executive stated that the company needs to address indirect costs such as enforcement of contracts with suppliers and organizational inefficiencies. The company also plans to deliver 37-42 narrowbody 737 fuselages per month in Q4.
November 01, 2023 | 3:22 pm
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POSITIVE IMPACT
As a major customer of Spirit Aero, Boeing could potentially benefit from Spirit Aero's plan to deliver 37-42 narrowbody 737 fuselages per month in Q4.
Boeing, as a major customer of Spirit Aero, could potentially benefit from the increased delivery of narrowbody 737 fuselages. This could lead to increased production and potentially higher revenues for Boeing.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Spirit Aero's focus on reducing indirect costs and its plan to deliver 37-42 narrowbody 737 fuselages per month in Q4 could potentially improve its financial performance.
The company's focus on reducing indirect costs such as enforcement of contracts with suppliers and organizational inefficiencies could potentially lead to improved margins. Additionally, the planned delivery of 37-42 narrowbody 737 fuselages per month in Q4 indicates a strong demand for its products, which could positively impact its revenues.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100