Spirit AeroSystems to shed Oklahoma operations

By: From Wire Reports
By: From Wire Reports

WICHITA, Kan. (AP) - Spirit AeroSystems Holdings says it plans to shed its operations in Oklahoma and postpone filing its second-quarter earnings report.

Shares of the Kansas-based aircraft parts maker fell 8 percent following the announcement before regaining some of the loss.

Spirit says it has started a process to divest its Oklahoma operations, which includes sites in Tulsa and McAlester. That's part of a broader strategic and financial review it announced in May. The company has hired a financial adviser to help with the process.

Spirit said last month it would lay off about 360 salaried support and management employees at its Oklahoma and Kansas facilities.

It has about 2,700 Oklahoma workers.

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