Aerospace supplier Spirit AeroSystems on Thursday said it will lay off some of its workers because of slower delivery rates on commercial aircraft as it struggles with a slowdown at its biggest commercial airplane customer, Boeing .
Spirit AeroSystems told staff in a memo, reported earlier by Wichita-based KSN, that it would cut about 400 to 450 hourly employees.
"We are committed to implementing this transition in as compassionate a manner as possible," Spirit AeroSystems said in a statement.
Last week, Spirit AeroSystems said first-quarter Boeing deliveries decreased 31% from the same period in 2023, and said overall deliveries were down 11.3%.
About 70% of Spirit AeroSystems' revenue last year came from Boeing, although the company also makes parts for Boeing's rival Airbus .
Persons:
AeroSystems, Max, Dave Calhoun
Organizations:
Boeing, International Paris Air, Le, Aerospace, Airbus, CNBC
Locations:
Le Bourget, Paris, France, Wichita