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Spirit AeroSystems revenues drop in first quarter after lower 737 production activity, backlog at $48bn

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Spirit AeroSystems revenues drop in first quarter after lower 737 production activity, backlog at $48bn

Spirit AeroSystems revenues were down 11% in the first quarter of the year, totalling $1.5bn. For its commercial segment, revenues were up 14.3% to $1.2bn.  The company said this decline was primarily driven by lower production activity on most Boeing quarters — particularly on the 737 programme....

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