Spirit AeroSystems' financial uncertainty threatens Boeing's stability

Spirit AeroSystems, a long-time key supplier to US aerospace manufacturer Boeing, is currently facing serious financial problems. The company warned this week that there are "substantial doubts" about its ability to continue operations.

The situation comes after a month-long strike by US Boeing $BAworkers , which has severely affected production and worsened Spirit Aero $SPR's already weakened financial position . This development threatens both Spirit Aero's stability and the production plans of Boeing, which is seeking to resume production of its popular aircraft such as the 737 MAX.

Spirit AeroSystems, headquartered in Wichita, Kansas, is one of Boeing's main suppliers and primarily produces fuselages for the 737 MAX, one of Boeing's best-selling models. However, in November 2024, Spirit Aero announced that its financial situation was deteriorating, raising questions about its ability to continue as a going concern. At the end of the third quarter of 2024, Spirit Aero had only $218…