The biggest supplier of parts for the Boeing Co. 737 MAX plans to restart limited production in March, regardless of the plane maker’s ability to win backing from regulators for the jet to resume commercial service.
Spirit AeroSystems Holdings Inc. plans a gradual resumption of making fuselages, engine pylons and other parts for the jet, which has been grounded world-wide since last March following the second of two fatal crashes that claimed 346 lives.
Spirit, based in Wichita, Kan., derives more than half of its revenues from the MAX, and last month announced plans to cut almost 3,200 jobs in Kansas and Oklahoma, and suspend its dividend to save money.
Excerpt from WSJ
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