Spirit AeroSystems posts wider quarterly loss on rising costs

Core Insights - Spirit AeroSystems reported a larger loss in the third quarter, indicating ongoing financial challenges for the aerospace supplier [1] - The company is experiencing significant cash burn, primarily due to increased costs within its supply chain [1] Financial Performance - The third-quarter loss was greater than previous periods, highlighting a deteriorating financial situation for the company [1] - The ongoing cash burn suggests that the company may face liquidity issues if the trend continues [1] Supply Chain Challenges - Higher costs in the supply chain are a major factor contributing to the company's financial difficulties [1] - The impact of these supply chain issues is significant enough to affect overall operational performance [1]