Spirit earnings jump 15.9% despite revenue dip

Aug 06, 2012 | 12:01 PM | Frank Haflich

Tags  Spirit AeroSystems Holdings, Jeff Turner, Boeing, Airbus, Frank Haflich

LOS ANGELES — Spirit AeroSystems Holdings Inc.’s net income jumped 15.9 percent in the second quarter, spurred by a rise in the company’s deliveries to Boeing Co. and Airbus SAS.

"Our large commercial aircraft deliveries increased by 12 percent over the second quarter of 2011, reflecting the strong ongoing demand for aircraft worldwide," said Jeff Turner, president and chief executive officer of the Wichita, Kan.-based airframe subcontractor. ....

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