Spirit Aero to continue contract talks with union as strike looms

FILE PHOTO: 54th Paris Air Show at Le Bourget Airport near Paris

(Reuters) – Spirit AeroSystems Inc said it will meet with the U.S. machinists union on Saturday to continue negotiations for a new contract, after workers rejected a proposed four-year deal and announced a strike.

Shares of Spirit were up 4.8% in afternoon trade on Friday.

The company, a crucial supplier for aerospace heavyweights Boeing and Airbus, expects its Wichita production operations to remain suspended until an agreement is reached with the International Association of Machinists and Aerospace Workers.

The union did not immediately respond to a Reuters request for comment.

The Wichita site makes the entire fuselage for Boeing’s bestselling 737 MAX narrowbody jet and the forward sections for most of its other aircraft, as well as pylons for the Airbus A220.

A prolonged work stoppage at Spirit could impact the aircraft makers it supplies, eventually forcing them to slow or stop jetliner assembly at a time when both Airbus and Boeing are trying to ramp up production.

Ad: Save every day with Amazon Deals: Check out today's daily deals on Amazon.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Devika Syamnath)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims