Spirit AeroSystems, Inc. ("Spirit"), a subsidiary of Spirit
AeroSystems Holdings, Inc. [NYSE: SPR] (“Spirit AeroSystems”),
announced today it signed, through its Belfast, Northern Ireland
operations (known as Short Brothers), an agreement with SF Airlines
(SFA) to modify inlet cowlings for its Boeing 757 cargo
freighters.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210930006065/en/
Leaders from SF Airlines and Spirit
AeroSystems met this week at the Air Show China in Zhuhai, China,
to sign an agreement for Spirit to repair inlet cowlings on the
airline's Boeing 757 freighter fleet. From left, Mr. Peter Huang,
Vice President of SF Airlines; Ms. Judy Wu, General Manager of the
Material Supply Department of SF Airlines; Mr. Tong Jian, President
of Maintenance and Engineering Division, SF Airlines; Mr. Kailash
Krishnaswamy, General Manager of Spirit AeroSystems (Hangzhou)
Enterprise Management Consulting Co.; Mr. Li Sheng, Chief Executive
Officer of SF Airlines; Mr. Tristan Ge, Spirit AeroSystems Sales
Manager-Asia; and Mr. Jian Liu, Spirit AeroSystems Business
Development Manager- Asia. (Photo: Business Wire)
SF Airlines CEO Mr. Li Sheng attended the contract signing with
Mr. Kailash Krishnaswamy, General Manager of Spirit AeroSystems
(Hangzhou) Enterprise Management Consulting Co., Ltd. in China,
during the Air Show China event in Zhuhai, China. Also from SFA,
Mr. Tong, General Manager of the SFA Maintenance and Engineering
Department, and Ms. Wu, Director of the SFA Maintenance and
Engineering Department, joined Mr. Li for the signing.
“Spirit AeroSystems is honored to be selected by SF Airlines for
this 10-year agreement,” Mr. Krishnaswamy said. “Under this
agreement, Spirit will provide important repairs for inlet cowlings
that will help keep SFA’s Boeing 757 fleet operating effectively
now and in the future.”
SFA technicians will remove cowlings from the engines and ship
them to Spirit’s site in Belfast, Northern Ireland, where the
repairs will take place. Once repairs are complete, the cowlings
will be shipped back to SFA.
Mr. Krishnaswamy added, “Spirit is positioning itself regionally
to support SF Airlines and other operators with increasing
passenger travel and freight traffic in the post-COVID era, and we
look forward to bringing our world class repair capabilities to the
Asia Pacific region.”
On the web: www.spiritaero.com On Twitter: @SpiritAero
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 the most 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 impact of 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; our ability to
accurately estimate and manage performance, cost, and revenue under
our contracts; demand for our products and services and 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210930006065/en/
Forrest Gossett (316) 803-2975
forrest.s.gossett@spiritaero.com
Spirit Aerosystems (NYSE:SPR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Spirit Aerosystems (NYSE:SPR)
Historical Stock Chart
From Jul 2023 to Jul 2024