Spirit AeroSystems expects to post higher-than-expected quarterly revenue, helped by production restarting at its biggest customer Boeing after a crippling strike, the U.S. aerospace giant said on Monday.

Spirit AeroSystems (NYSE:SPR) on Monday provided an estimate of quarterly revenue that is greater than what Wall Street analysts on average expect. The companys

Spirit AeroSystems significantly ramped up deliveries to Airbus and Boeing in the fourth quarter of 2024 but still expects to post a $413 million loss for the period.

Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing. Shares of the company rose about 1% in premarket trading.

Spirit AeroSystems shareholders have agreed to a Boeing buy out that would see the Wichita-based firm rejoin the planemaker 20 years after splitting.

Spirit AeroSystems (NYSE: SPR) reported preliminary fourth-quarter 2024 results on Monday, with revenue exceeding analyst expectations despite posting a net loss.

Spirit AeroSystems Holdings’ management cited substantial doubt about its ability to continue due to cash flow and liquidity issues.