The Latest Domino... Spirit AeroSystems Announces Layoffs | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.14.25

Airborne-NextGen-07.15.25

AirborneUnlimited-07.16.25

Airborne-FlightTraining-07.17.25

AirborneUnlimited-07.11.25

Sun, May 03, 2020

The Latest Domino... Spirit AeroSystems Announces Layoffs

"Adjusts Employment to Align With Lower Market Demand"

Spirit AeroSystems has confirmed that it will reduce employment at sites supporting commercial programs a result of lower demand for commercial airplanes. Spirit is a supplier to Airbus and Boeing, both of which announced lower production rates for commercial aircraft due to the impact of COVID-19 on the aviation industry.

"Our actions follow reduced demand from our customers, who have lowered production rates as demand for new airplanes declines due to the impact of COVID-19," said Tom Gentile, President and CEO, Spirit AeroSystems. "In addition to reducing employment, we are taking other initiatives to lower costs and preserve liquidity, which included raising $1.2 billion in high yield secured second lien bonds in April. We are focused on ensuring Spirit AeroSystems remains a healthy business and emerges from this crisis with a bright future."

As part of the overall employment reductions, Spirit offered a voluntary layoff to union represented employees in Wichita, Kan. earlier this week. Thereafter; Spirit issued a notice to the State of Kansas under the Worker Adjustment and Retraining Notification (WARN) Act of layoffs affecting approximately 1,450 hourly and salaried employees at its site in Wichita. Spirit's Wichita employees affected by these layoffs are expected to begin exiting the company May 15. Later this month, smaller reductions will occur at Spirit's remaining U.S. sites that perform commercial work. Spirit's global sites are reviewing workforce requirements and will announce their plans in the coming weeks.

As Spirit continues to respond to the COVID-19 pandemic by changing its work practices to keep employees safe, the company is also working directly to contribute to the fight against COVID-19. Spirit has developed a partnership to manufacture medical devices in Wichita. Approximately 700 employees will be transferred to this temporary special project that is expected to last through October and may go longer, depending upon demand. Spirit will have more information to share on the medical device partnership in the near future.

Spirit's work on defense programs will not be impacted by these announced employment reductions and those operations will continue uninterrupted. Additionally, some employees currently supporting commercial programs may be transferred to available defense work, mitigating the number of employees who may be affected by these workforce actions.

FMI: www.spiritaero.com

Advertisement

More News

ANN's Daily Aero-Term (07.15.25): Charted Visual Flight Procedure Approach

Charted Visual Flight Procedure Approach An approach conducted while operating on an instrument flight rules (IFR) flight plan which authorizes the pilot of an aircraft to proceed >[...]

Aero-News: Quote of the Day (07.15.25)

“When l became the Secretary of Defense, I committed to rebuild our military to match threats to capabilities. Drones are the biggest battlefield innovation in a generation, >[...]

ANN's Daily Aero-Linx (07.15.25)

Aero Linx: Stearman Restorers Association Welcome to the Stearman Restorers Association. The Stearman Restorers Association is an independent “Not for Profit” 501C-3 Co>[...]

NTSB Final Report: Kjelsrud Gary Kitfox

Airplane Exhibited A Partial Loss Of Engine Power When It Was About Halfway Down The Runway Analysis: The pilot of the experimental amateur-built airplane was departing from his pr>[...]

NTSB Prelim: Cessna A150L

The Flight Path Was Consistent With Low-Altitude Maneuvering On June 18, 2025, about 0922 mountain standard time, a Cessna A150L airplane, N6436F, was substantially damaged when it>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC