Airbus SE (AIR.F)
- Reuters
Libya's Berniq Airways buys six Airbus aircraft
Libya's Berniq Airways said on Friday it has signed an agreement with Airbus to purchase six A320neo and A321neo aircraft. "It is worth noting that this agreement will be followed by several other agreements in several areas, the most important of which are training, maintenance and safety," Berniq said. The company posted photos of the signing, saying it was held in Toulouse, France, on Thursday.
- Benzinga
Spirit AeroSystems To Lay Off Hundreds As Boeing Struggles with Production
Spirit AeroSystems Holdings Inc (NYSE:SPR), a primary supplier of jet fuselages, is reducing its workforce by 400 to 450 employees at its Wichita, Kansas factory. The layoffs are a response to a production deceleration at Boeing Co (NYSE:BA), Spirit’s largest client. “The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita,” Spirit stated. Originally part of Boeing, Spirit AeroSystems has faced significant quality challenges with the 737 MA
- Barrons.com
Boeing and Airbus Problems Persist. Why That Makes These 2 Stocks a Buy.
The two companies dominate aircraft manufacturing and their recent production issues provide opportunities for others. Here are two stocks in the sector that can gain.
