From Financial Modeling Prep: 2025-03-02 05:11:09

Spirit AeroSystems, a key aerospace supplier, reported a $577 million loss in Q4 2024, down from $215 million in income the previous year. Despite revenue declining 9% to $1.65 billion, free cash flow improved to $91 million. Boeing and Airbus provided financial support, but Spirit still needs additional funding to stay afloat.

Boeing’s acquisition of Spirit AeroSystems, expected to finalize by mid-2025, could boost operational efficiency and stability. However, ongoing production issues and reliance on Boeing and Airbus pose challenges. Increased aircraft deliveries offer hope for revenue growth, but long-term sustainability remains uncertain.

Investors can monitor Spirit AeroSystems’ financial health using the Balance Sheet API and Company Rating API. While the company faces significant financial strain, support from top customers and a possible acquisition by Boeing may pave the way for recovery. Despite risks, strategic restructuring and rising deliveries could lead to profitability in the future.



Read more at Financial Modeling Prep:: Spirit AeroSystems Faces Deep Losses as Boeing Acq…