WICHITA,
Kan., Jan. 8, 2024 /PRNewswire/ -- We are
grateful the Alaska Airlines crew performed the appropriate
procedures to land the airplane with all passengers and crew safe.
At Spirit AeroSystems, our primary focus is the quality and product
integrity of the aircraft structures we deliver.
Spirit is a committed partner with Boeing on the 737 program,
and we continue to work together with them on this matter. Spirit
is following the protocols set by the regulatory authorities that
guide communication in these types of circumstances and we will
share further information when appropriate.
Spirit AeroSystems, Inc. ("Spirit"), is a subsidiary of Spirit
AeroSystems Holdings, Inc. [NYSE: SPR] ("Spirit
AeroSystems").
About Spirit AeroSystems Inc.
Spirit AeroSystems is one of the world's largest
manufacturers of aerostructures for commercial airplanes, defense
platforms, and business/regional jets. With expertise in aluminum
and advanced composite manufacturing solutions, the company's core
products include fuselages, integrated wings and wing components,
pylons, and nacelles. We are leveraging decades of design and
manufacturing expertise to be an innovative and reliable supplier
of military aerostructures, and specialty high-temperature
materials, enabling warfighters to execute complex, critical
missions. Spirit also serves the aftermarket for commercial
and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the
U.S., U.K., France, Malaysia and Morocco. More information is available
at www.spiritaero.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains "forward-looking statements" that
may involve many risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "aim," "anticipate," "believe,"
"could," "continue," "estimate," "expect," "goal," "forecast,"
"intend," "may," "might," "objective," "outlook," "plan,"
"predict," "project," "should," "target," "will," "would," and
other similar words, or phrases, or the negative thereof, unless
the context requires otherwise. These statements reflect
management's current views with respect to future events and are
subject to risks and uncertainties, both known and unknown. Our
actual results may vary materially from those anticipated in
forward-looking statements. We caution investors not to place undue
reliance on any forward-looking statements. Important factors that
could cause actual results to differ materially from those
reflected in such forward-looking statements and that should be
considered in evaluating our outlook include, without limitation,
the continued fragility of the global aerospace supply chain; our
ability to accurately estimate and manage performance, cost, and
revenue under our contracts; our ability and our suppliers' ability
or willingness to meet stringent delivery requirements; the impact
of significant health events (including the COVID-19 pandemic) on
our business and operations; the timing and conditions surrounding
the full worldwide return to service (including receiving the
remaining regulatory approvals) of the B737 MAX, future demand for
the aircraft, and any residual impacts of the B737 MAX grounding on
production rates for the aircraft; our reliance on Boeing for a
significant portion of our revenues; our ability to execute our
growth strategy, including our ability to complete and integrate
acquisitions; demand for our products and services; the effect of
economic or geopolitical conditions in the industries and markets
in which we operate in the U.S. and globally; our ability to manage
our liquidity, borrow additional funds or refinance debt; and other
factors disclosed in our filings with the Securities and Exchange
Commission. These factors are not exhaustive and it is not possible
for us to predict all factors that could cause actual results to
differ materially from those reflected in our forward-looking
statements. These factors speak only as of the date hereof, and new
factors may emerge or changes to the foregoing factors may occur
that could impact our business. Except to the extent required by
law, we undertake no obligation to, and expressly disclaim any
obligation to, publicly update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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SOURCE Spirit Aerosystems