Spirit AeroSystemsthe most important supplier of Boeing
$BA (+0,83%)recorded a net loss in the third quarter net loss of 217 million dollars and had to utilize its entire credit line of 350 million dollars.

These financial difficulties are due to the failure to make advance payments of 425 million dollars from Boeing caused by the ongoing employee strike.

The cash reserves have been reduced to only 218 million dollars.

The company plans to 700 employees on compulsory leave for 21 days and warns of possible layoffs if the strike continues. -Handelsblatt