Spirit AeroSystems Makes Further Workforce Adjustments to Align with Lower Market Demand
(WorldNews Health)

07/31/2020 Download the PDF version PDF Format (opens in new window) WICHITA, Kan., July 31, 2020 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) announced today it will further reduce employment at its facility in Wichita, Kan., as a result of the most recent rate reduction on the 737 MAX and the ongoing global pandemic, which continue to impact the demand for new commercial aircraft and the airline industry as a whole. `Our production rates for commercial aircraft have fallen from historic highs to significantly lower volumes in a matter of months,` said Tom Gentile, President and CEO, Spirit AeroSystems. `We are taking this action to better calibrate our employment level to the reduced...