Spirit AeroSystems set to adjust to jet makers’ output changes

Spirit AeroSystems Holdings said Wednesday it was well placed to adjust to planned changes in output by the world’s two largest jet makers, calming investors who remain nervous about a potential oversupply of aircraft. The company’s production of large components for Boeing, Airbus and the big engine manufacturers make Spirit a key bellwether of the health of the aerospace supply chain ahead of large planned increases in output. Spirit CE Larry Lawson said it wouldn’t need to construct a new factory to expand production of fuselages for the Boeing 737 as the aerospace company boosts monthly production to 47 and then beyond to 52 and eventually 57. The company produces fuselage parts for the Airbus A350, and Airbus plans a big boost in production this year to more than 50 jets. <br/>
Wall Street Journal
http://www.wsj.com/articles/spirit-aerosystems-set-to-adjust-to-jet-makers-output-changes-1454525305
2/3/16