Spirit Aerosystems, major airlines supplier, suspends plant operations after labor contract rejected
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June 23, 2023
Spirit Aerosystems, a major supplier to the world's largest aircraft manufacturers, is suspending operations at a critical Kansas plant after union workers there rejected a proposed four-year contract and authorized a strike.
Approximately 6,000 members of the IAM District 70, Local 839 voted to reject Spirit Aerosystems' best and last offer after 13 years without a fully negotiated agreement, the International Association of Machinists and Aerospace Workers said in a prepared statement.
Shares of Boeing Co. and Airbus slid about 2%, and shares of Spirit Aerosystems Holdings Inc. tumbled 10% a...
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