Spirit AeroSystems Holdings, Inc. SPR

$BA Spirit AeroSystems Holdings Inc., one of the biggest suppliers of parts to the 787, said it is continuing to deliver fuselage barrels for the planes to Boeing. The company said it was on track to hand over eight in the first quarter and 40 to 45 this year.

"We have provided all of the information that Boeing requested on the 787 over the last two years," Spirit AeroSystems said.

Boeing delivered three 787s in January and 10 in December, taking the total to 34 since they resumed last August. The FAA said it is working with Boeing to determine any actions that might be required for recently delivered airplanes.

#BA Boeing Chief Financial Officer Brian West last week said it had paused 787 assembly at its North Charleston, S.C., facility to address issues related to the Spirit-built fuselage. Mr. West said it was the amount of work involved rather than a quality issue that led to the unspecified assembly halt.

Tom Gentile, Spirit AeroSystems chief executive, said Thursday that no new production issues had emerged since the FAA's clearance for Dreamliner deliveries to resume last summer.

Boeing has 575 orders for the 787 in its backlog and has said production is sold out through 2025.

Don’t fight the Fed and don’t fight the tape!

All part of the moment and rotational trades! Buy spirit for the long term!

CNBC analyst rates Boeing and parts supplier a buy as they ramp up production and receive huge order from air India!

Go Spirit a primary supplier to Boeing and Airbus!! Can’t get much better than this!

$50 price target and then $60 by year end as Spirt aerospace ramps up production for Boeing and Airbus, the best of both duopoly!

Reversion to the mean after a big 4 point rise last week!

Bernstein raises and markets calls their bluff! Lol

SPR now has over 1,000 chipsets to complete for 2023 for Boeing and Airbus!