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Spirit AeroSystems Will Lay Off 450 Workers Due To Boeing 737 MAX Slowdown
Simple Flying ^ | May 17, 2024 | AARON SPRAY

Posted on 05/17/2024 12:50:22 PM PDT by Red Badger

As the seemingly unending fallout from the Boeing 737 MAX series unfolds, supplier Spirit AeroSystems has announced it will lay off around 450 workers. The decision was prompted by the Boeing 737 MAX production slowdown following a door plug blowing off an Alaska Airlines-operated 737 MAX in January. The effects of Boeing's production delays are already costing airlines and could impact airline growth for years.

The Department of Justice is considering a fraud prosecution against Boeing for allegedly violating the terms of its 2021 deferred prosecution agreement related to two previous 737 MAX accidents.

Spirit will lay off hundreds of employees, as confirmed by a statement released by the company.

“The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita. In the coming weeks, we will inform affected employees. We are committed to implementing this transition in as compassionate a manner as possible.” — Spirit AeroSystems

Reuters reported Spirit had already started to limit overtime and hiring as production has declined amid the 737 MAX maelstrom.

Spirit AeroSystems is one of Boeing's primary suppliers. It builds the fuselages and installs door plugs (including the one that failed on the Alaska Airlines flight). To date, it is unclear whether Boeing or Spirit employees last handled the Alaska Airlines panel.

"The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita. In the coming weeks, we will inform affected employees. We are committed to implementing this transition in as compassionate a manner as possible." - Spirit AeroSystems

The layoffs will occur at its plant in Wichita, Kansas, reducing its workforce to 13,000 employees. Spirit suffered greater than expected Q1 losses than had previously been predicted. While its Q1 2024 financial results showed a 23% increase in Net Revenues (Q1 2024 $1.7 billion vs Q1 2023 $1.4 billion), its operating loss swelled to $528 million from $95 million (its net loss was $617 million and $281 million respectively).

AeroSystem builds the fuselages of 737 and 787 jets and the flight deck section of almost all Boeing airliners (it also builds parts for Airbus airliners). It is well known for its role in World War II, building B-29 Superfortresses and later B-52 Stratofortresses (still flown by the Air Force).


TOPICS: Business/Economy; Military/Veterans; Society; Travel
KEYWORDS: aviation

1 posted on 05/17/2024 12:50:22 PM PDT by Red Badger
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To: 04-Bravo; 1FASTGLOCK45; 1stFreedom; 2ndDivisionVet; 2sheds; 60Gunner; 6AL-4V; A.A. Cunningham; ...

AVIATION PING!....................


2 posted on 05/17/2024 12:50:50 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger

Spirit of Woke?


3 posted on 05/17/2024 12:56:14 PM PDT by dadfly
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To: dadfly

Spirit of Broke.......................


4 posted on 05/17/2024 1:00:54 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger
Spirit AeroSystems is particularly proud of its commitment to DEI goals. Just in case anyone was wondering.
5 posted on 05/17/2024 1:01:05 PM PDT by Billthedrill
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To: Red Badger

I had a job offer there. I need mountains and trees though. Wichita is not the most exciting place for a mountain boy. Too bad about the lay offs. It is a great company.


6 posted on 05/17/2024 1:36:54 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Red Badger
I have become a Conspiracy Advocate on Boeing issues.

The two fatal MAX crashes had four Muslim pilots, and they hit the ground or water in Third World countries.

The same MAX flew for eighteen months in Europe, North America, Japan, Aus-NZ, and the Persian Gulf, without even one incident report about the software that allegedly crashed the two planes. From memory - 60,000 flawless flights.

The window blow out happened just days before Boeing would have been exempt from MAX criminal lawsuits. As far as I know, 100% of the paper work for the Boeing window inspection is still missing, and the entire installation was performed by a sub-contractor with no Boeing employees.

Are these issues lawsuit or vengeance related?

Or, is a foreign adversary specifically trying to undermine Boeing, which is the third largest defense contractor in the USA?

7 posted on 05/17/2024 1:37:08 PM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: Red Badger

DEI is ultimately responsible.


8 posted on 05/17/2024 1:41:11 PM PDT by Uncle Lonny
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To: zeestephen

Never assume conspiracy when stupidity would explain it.


9 posted on 05/17/2024 1:41:53 PM PDT by Reverend Wright ( Everything touched by progressives, dies !)
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To: zeestephen
Or, is a foreign adversary specifically trying to undermine Boeing, which is the third largest defense contractor in the USA?

How about Airbus's biggest competitor. A lot of the headlines are coming out of british tabloids.

10 posted on 05/17/2024 1:42:47 PM PDT by pfflier
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To: Red Badger
Given this news, perhaps they need to run this video in reverse.
11 posted on 05/17/2024 1:44:33 PM PDT by Major Matt Mason (To solve the Democrat problem, the RINO problem must first be solved.)
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To: zeestephen

We’ve had train derailments, the auto industry is under attack with EV failures and gas prices and extremely high maintenance costs, transportation infrastructure is under attack knocking down bridges blocking railroad and maritime passageways. Poultry and the beef industry has been attacked in the past, and now the aviation industry. This could be stopped in the Whitehouse.


12 posted on 05/17/2024 8:42:58 PM PDT by BerryDingle (I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
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To: Red Badger

Without Spirit airlines,

Spirits Flight Fights may end youtu.bes’ existence


13 posted on 05/19/2024 11:27:47 AM PDT by SERE_DOC ( The beauty of the Second Amendment is that it will not be needed until they try to take it. TJ)
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