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Spirit Stock Soars As Boeing 787-10 Gets Approval From FAA

Paul Thompson
/
flickr Creative Commons

Boeing said Monday that the Federal Aviation Administration has cleared its 787-10 Dreamliner for commercial service.

That’s good news for Wichita’s Spirit AeroSystems, a major supplier to the Dreamliner program.

The 787-10 is the latest version of the Dreamliner. It can seat 330 passengers and has a range of more than 7,000 miles, according to a news release from Boeing. Other international aviation regulatory agencies are expected to follow the FAA's ruling and certify the airliner, the release said.

To date, Boeing has more than 170 orders for the airplane. Singapore Airlines is expected to take the first delivery in the first half of 2018.

Spirit, Wichita’s largest employer, has been making the 787 forward fuselage and engine pylons since 2007. Its stock closed at a record $100.05 in trading Monday.

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Tom Shine is the director of news and public affairs. Follow him on Twitter @thomaspshine

 
To contact KMUW News or to send in a news tip, reach us at news@kmuw.org.

 

Tom joined KMUW in 2017 after spending 37 years with The Wichita Eagle where he held a variety of reporting and editing roles. He also is host of The Range, KMUW’s weekly show about where we live and the people who live here. Tom is an adjunct instructor in the Elliott School of Communication at Wichita State University.