Spirit AeroSystems has booked a $617 million net loss for the first quarter of 2024 on a 19% lift in revenues to $1.703bn. Revenue was driven by higher production activities on commercial programmes as well as higher defence and space sales. The company’s operating loss of $528 million was driven by what Spirit called higher unfavorable changes in estimates during the current period, as well as the impact of Boeing’s schedule changes in March and the investigation and quality audits resulting from the Alaska Airlines incident. “The first quarter was characterized by several events, one of great significance was the

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