Spirit AeroSystems posts quarterly loss on fewer aircraft part shipments
By Reuters Staff 2 Min Read (Reuters) - Spirit AeroSystems Holdings Inc was hit by troubles at top customer Boeing, driving the aircraft parts maker to report a 55% slump in quarterly revenue and a much bigger-than-expected loss on Tuesday. FILE PHOTO: The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019. REUTERS/Nick Oxford Spirit gets a big chunk of its revenue from Boeing Co, which was forced to cut back production due to the grounding of its 737 MAX jet and a slump in air travel due to the pandemic. The MAX was finally cleared late last y...