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The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford
The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford
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Spirit Aero burns more cash as 737 output drops

August 5th, 2024 | 20:19 PM BUSINESS Aerospace & Defense 1

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By Reuters

Spirit AeroSystems (SPR.N) on Monday reported a higher quarterly cash burn on lower 737 fuselage shipments to its biggest customer Boeing (BA.N), which is producing its best-selling narrowbody jets at a lower rate.

Cash burn for second quarter was $597 million, compared with a cash burn of $211 million a year ago.

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