US EditionSpirit AeroSystems Reports Fourth Quarter 2024 Results
- Spirit AeroSystems reported a revenue decrease to $1.7 billion in the fourth quarter of 2024 compared to 2023, as outlined in their financial results.
- The company experienced an operating loss of $577 million in the fourth quarter of 2024, differing from an operating income of $215 million in the same period of 2023.
- Spirit's cash flow improved with $137 million from operations and $91 million in free cash flow during the fourth quarter of 2024, attributed to increased Boeing 737 deliveries.
- The Boeing Company agreed to provide advance payments of $350 million as part of agreements to support cash flow amid ongoing financial challenges.
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Total News Sources23
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
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C 80%
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