Spirit AeroSystems Is An Uncertain Bet
- Wednesday, March 17, 2021, 7:10
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After observing the lows of $20 in February 2020, the shares of Spirit AeroSystems have more than doubled to $50 now largely due to the lifting of the FAA’s ban and an uptick in passenger numbers at TSA checkpoints. Comparing the company’s $745 million operating cash outflow in 2020 with the…