Kansas

Expert says Spirit AeroSystems is weakening aviation industryhttps://www.kake.com/story/50799949/expert-says-spirit-aerosystems-is-weakening-aviation-industry

21 hrs 33 mins ago
written by Jocelyn Schifferdecker

WICHITA, Kan. (KAKE) - Richard Aboulafia has been in the aviation industry for 35 years. He says the aircraft market is incredibly strong been but there's one thing weakening it, Spirit AeroSystems.

Experts say one of Wichita's largest employers, Spirit AeroSystems, is in trouble. ... "This isn't an industry problem it's a Spirit problem," he said. ... He doesn't think it's possible for Spirit to come back and be strong again because he says it isn't viable in the industry.

Spirit has been in the headlines a lot the last few months for faulty products and possibly being bought by Boeing. It's in it once again with its plan to lay off hundreds of hourly employees.

"Given their financial difficulties it's not surprising that layoffs are starting to happen again even though these are really good times for the broader market," he said.

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