Spirit AeroSystems to integrate automation into 737 production line

Spirit AeroSystems intends to integrate automation into its production line, the manufacturer confirmed in its Q4 2023 earnings call, as it detailed the actions it is taking to address human factors, nonconformities, product safety and expanded inspections across 737 manufacturing. Spirit AeroSystems’ revenue for the quarter was $1.8bn, up 37% from Q4 2022, with earnings per share of $0.52 (up from -$2.32 compared to the year before). Favourable pricing adjustments to the 787 also saw a reversal of $361 million of total liabilities during the fourth quarter. However, uncertainty remains as to whether free cash flow will remain positive in