Spirit posts second straight quarterly loss as virus hits aero parts demand

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXNPEG730VO_L.jpg

Spirit, among the air industry’s biggest parts suppliers, posted a net loss of about $256 million, or $2.46 per share, in the second quarter ended July 2, compared with a profit of $168 million, or $1.61 per share, a year earlier.

Revenue plunged 68% to $644.6 million.