This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Spirit AeroSystems Aftermarket Customer Support Signs Spare Parts Agreement With China Airlines

Stocks in this article: SPR









FARNBOROUGH, England, July 9, 2012 /PRNewswire/ -- Spirit AeroSystems, Inc. (NYSE: SPR) and China Airlines announced the signing of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for China Airlines' fleet of Boeing aircraft. This multi-year contract will enable China Airlines to obtain predictable and competitive pricing for all parts in the Spirit Catalog while ensuring availability for key parts and components.

"This agreement is a continuation of Spirit's aftermarket spare parts distribution commitment in Asia Pacific," said Mike Williams, VP/GM of Spirit Aftermarket Customer Support. "Spirit recognizes the dynamic growth in Asia Pacific, and is well prepared to equip ourselves to provide World Class service and support to meet our customers' specific needs."

China Airlines currently operates 10 Boeing 737-800, 13 Boeing 747-400, and 20 Boeing 747-400F airplanes. China Airlines also operates Airbus A330 and A340 aircraft. 

On the web: www.spiritaero.com/aftermarket  

About Spirit AeroSystems, Inc. Spirit AeroSystems (NYSE: SPR), with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. In addition to its Wichita and Chanute facilities in Kansas, Spirit has locations in Tulsa and McAlester, Okla.; Kinston, N.C.; Prestwick, Scotland; Preston, England; Subang, Malaysia; and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus.

About China Airlines China Airlines has consistently been Taiwan's largest airline company and one of Asia's leading carriers since its 1959 founding. The airline proudly took its place as one of 15 members in the SkyTeam global airline alliance in 2011. China Airlines currently operates 71 aircraft, including 51 passenger jets and 20 freighters. It also has 14 A350-900s on order that are expected to be delivered in 2015. China Airlines serves 111 destinations in 28 countries and regions worldwide, connecting Asia, Europe, North America and Oceania, and offering superb, comfortable and safe service for worldwide passengers. For more information, please visit China Airlines' website at: http://www.china-airlines.com/en/index.htm

SOURCE Spirit AeroSystems

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs