Spirit Aerosystems announced revenue increase driven by commercial aviation operations

Spirit Aerosystems reported first quarter 2023 revenue of $1.4bn, up 22% year-on-year and “primarily due to higher production deliveries on the Boeing 737 program and increased defence and space revenue”. Spirit’s commercial segment revenue in the first quarter of 2023 increased 22$ from the same period of the prior year to $1.1 bn, “primarily due to increased production revenues on the Boeing 737 and 777 program[me]s, partially offset by lower production deliveries on the Airbus A220 program[me]”. The reported operating loss was $95.1 million, compared to operating loss of $42.2 million in 2022, an increase “primarily driven by higher changes