Boeing's 737 Max Woes: Impact on Spirit AeroSystems and Alaska Airlines

Spirit AeroSystems' stock fell 8.1% as investors reacted to the grounding of Boeing's 737 Max 9 planes, with Truist analyst Michael Ciarmoli highlighting the company's exposure and potential pressure. Other commercial aerospace suppliers, including Astronics Corp., Triumph Group Inc., Howmet Aerospace Inc., Ducommun Inc., and Hexcel Corp., also saw stock declines due to their revenue exposure to the 737 Max 9. Meanwhile, FTAI Aviation Ltd. may benefit from providing aircraft-leasing services as airlines seek replacements for the grounded 737s.