Spirit AeroSystems Expects To Lose Money On A220 Work For Up To Five Years...
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Spirit AeroSystems expects to lose money on its Airbus A220 work for three to five years, until Airbus ramps the twin-jet's production to at least 100 aircraft annually.
That prediction, made by Spirit executives on 23 February, aligns roughly with Airbus's profit timeline for the A220.
The airframer has said it expects to lose money on A220s until mid-decade.
Wichita-based Spirit manufactures A220...
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