Spirit AeroSystems Acquisition Costs Push Back Recovery
Boeing has delayed the expected return to profitability for its commercial-airplane division to 2027, citing higher-than-expected costs from the acquisition of Spirit AeroSystems. The company’s Chief Financial Officer, Jay Malave, announced the revised timeline during an investor conference, noting that the division is expected to post an operating-margin loss in the first quarter of 2026. Despite the setback, Boeing is pressing ahead with plans to increase production, including raising 737 MAX output and opening a new production line in Everett, Washington. According to Reuters, Boeing still targets 500 aircraft deliveries this year and expects FAA certification of the 737-7 and 737-10 in the second half of 2026. This news was first reported by AeroTime.