Key Boeing supplier stops production at Wichita plant after workers vote to strike

Key Boeing supplier stops production at Wichita plant after workers vote to strike


Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019.

Nick Oxford | Reuters

Boeing supplier Spirit AeroSystems halted work at a Wichita, Kansas, plant on Thursday after workers voted against a new labor deal and for a strike. Spirit makes fuselages for Boeing’s 737 Max and pylons for Airbus A220s at the plant.

“In light of the decision to strike by Spirit AeroSystems employees represented by the International Association of Machinists and Aerospace Workers today, Spirit will suspend factory production prior to the expiration of the contract,” Spirit said.

The production halt began with the first shift on Thursday, two days before the contract covering roughly 6,000 workers is set to expire. The strike is scheduled to begin just after midnight on Saturday, the union said.

“The IAM’s dedicated and hardworking membership at Spirit AeroSystems has worked without fail during tumultuous times, including a pandemic that saw everything grind to a halt,” the union said in a statement. “Most of our members have concluded that the company’s offer is unacceptable. IAM District 70 and Local 839 will regroup and begin planning the following steps to bring the company back to the table.”

Spirit shares were down nearly 12% in early trading, while Boeing’s were off about 3%.

“We continue to monitor the situation and support our valued supplier,” Boeing said in a statement.



Source

FCC approves  billion Paramount-Skydance merger
Business

FCC approves $8 billion Paramount-Skydance merger

The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024.  Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount […]

Read More
NFL in talks to take a 10% stake in ESPN
Business

NFL in talks to take a 10% stake in ESPN

Key Points The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two powerhouse brands in sports. The discussions are ongoing, and it’s possible the final deal may arrive at a smaller stake, according to the people. ESPN […]

Read More
Comcast spinoff Versant announces board of directors. Here’s the slate
Business

Comcast spinoff Versant announces board of directors. Here’s the slate

Versant signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to […]

Read More