Spirit Aero Revenue Up as Aircraft Demand Grows

Features Reuters

Spirit Aerosystems Holdings Inc, a maker of fuselages and wings for Boeing Co and Airbus , reported a 10 percent rise in quarterly revenue due to strong demand for large commercial aircraft.

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Spirit Aerosystems reported a net profit of $93.7 million, or 65 per share, for the third quarter ended Sept. 26 compared with a loss of $134.4 million, or 94 per share, a year earlier.

Revenue rose to $1.50 billion from $1.36 billion a year earlier.

The company's shares were up about 1 percent at $27 in premarket trading.