Lower 3Q Profits for Spirit AeroSystems
By Madhu Unnikrishnan madhu_unnikrishnan@aviationweek.com
Spirit Aerosystems sees strong demand for single-aisle aircraft at Boeing and Airbus as fueling its growth next year, but the company missed analysts’ expectations in its third-quarter earnings and results.
Spirit reported third-quarter revenues of just over $1 billion, down from $1.05 in the same period last year. Net income for the quarter was $46 billion, compared with $87 ...