SPR earnings call for the period ending June 27, 2020.
News & Analysis: Spirit AeroSystems Holdings
Spirit AeroSystems is warning lenders that it will be years before the aerospace giant gets back to building the passenger jet in the quantities it once planned to.
News of a fresh round of 737 MAX cancellations hits the stocks and fuels a selloff.
The stock is taking off along with the Boeing 737 Max.
Boeing's issues are rippling through the supply chain.
After the crash comes the (dead cat?) bounce.
The revenue impact on Spirit AeroSystems could exceed 16%.
Boeing has scaled back its 737 Max production plans, which means less work for the supplier.
Fear of a coronavirus second wave trumps hope for a return of the 737 MAX to service.
The Nasdaq just hit a record high, the S&P 500 is up for the year, and air traffic is growing again. So we're all good, right?