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Top related persons:
Benoit Tessier - 1 Patrick Shanahan - 1 Thomas Gentile - 1 Shanahan - 1 Spirit - 1 Gentile - 1 Abhijith - 1 Shailesh - 1
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Le Bourget Paris France Bengaluru
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Boeing - 1 International Paris Air - 1 Le - 1 REUTERS - 1 Aerospace - 1 Spirit - 1 Boeing Co - 1 Thomson - 1

Search resuls for: "Thomas Gentile"


2 mentions found


☆ Spirit Aero names board member Shanahan as interim CEO
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: 1 min
A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 2 (Reuters) - Aerospace supplier Spirit AeroSystems (SPR.N) on Monday named board member Patrick Shanahan as its interim chief executive, effective immediately, succeeding under-pressure Thomas Gentile, who has resigned from the board. Shanahan, who has served on the company's board since November 2021, was previously an executive with Boeing Co (BA.N), Spirit's biggest customer. Spirit said its board will conduct a search to identify a new CEO, while Gentile will stay on as a consultant for three months. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Persons: Benoit Tessier, Patrick Shanahan, Thomas Gentile, Shanahan, Spirit, Gentile, Abhijith, Shailesh Organizations: Boeing, International Paris Air, Le, REUTERS, Aerospace, Spirit, Boeing Co, Thomson Locations: Le Bourget, Paris, France, Bengaluru
☆ Spirit Aero experiencing disruptions in supplying parts for 787, A350 programs
  + stars: | 2023-02-07 | by ( Abhijith Ganapavaram | ) www.reuters.com   time to read: +3 min
Feb 7 (Reuters) - Spirit AeroSystems Holdings Inc (SPR.N) said on Tuesday it was experiencing disruptions in supplying parts for the industry's top-selling wide-body jets, the Boeing 787 and Airbus A350, due in part to labor shortages. Spirit said it found the new process for the 787 required more labor per unit. On Airbus' A350 program, Spirit said disruptions continue to drive cost pressures. Spirit has targeted producing shipsets between 40 and 45 this year for the 787 program and about 60 units for the A350. Spirit reported a quarterly cash burn of $66 million, compared with analysts' estimates of $42.64 million, according to Refinitiv data.
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