Major Supplier Halts Operations As Workers Vote to Strike
- Spirit AeroSystems will suspend factory production at its Wichita plant from Thursday
- Spirit makes fuselages for Boeing's 737 Max and pylons for Airbus A220s at the plant
- Approximately 6,000 members of the IAM District 70, Local 839 voted to reject the offer
- The rejected deal included up to a compounded 34% average pay bump, increased retirement benefits, and job security enhancements
- Shares of Boeing Co. and Airbus slid about 2%, and shares of Spirit Aerosystems Holdings Inc. tumbled 10% at the opening bell
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