(Corrects story from Oct. 23, paragraph 3 and bullet point, to clarify that Spirit did receive $425 million cash from Boeing and that the amount was increased and partly repaid) (Reuters) -Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves,

"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly Ortberg said.

Aircraft structures producer Spirit AeroSystems lost $477 million in the third quarter of 2024 due largely to significant charges taken by the company against several of its financially-troubled aircraft programmes.

Boeing suppliers that invested heavily on materials and tooling to support the planemaker's planned ramp-up of jets have been furloughing workers in recent weeks and holding off on investments due

Boeing faces significant challenges as striking workers reject its latest contract offer, casting doubt on financial recovery and image restoration. The striking machinists demand a defined-benefit pension plan amid threats of credit downgrades and operational hurdles.

Spirit AeroSystems says it plans to soon start a 21-day furlough for hundreds of workers supporting Boeing’s 777 and 767 jetliner programs.

U.S. supplier Spirit AeroSystems on Wednesday reported third-quarter revenue below analysts' estimates and a loss of $4.07 per share, as a strike by Boeing factory workers weighed on its results. The company said that it would not provide forecast for the current year.

Spirit AeroSystems, stock fell 1.1% to $32.29 in the premarket Thursday. GE Aerospace and RTX Corp. are also important suppliers for Boeing. RTX stock has gained 5.7% in the last

Shares in Spirit AeroSystems (NYSE:SPR) fell around 1% in premarket trading Thursday after the aerostructure supplier reported a deeper-than-expected quarterly loss. The company posted a Q3 loss of $3.