WICHITA, Kan Spirit Aerosystems reports strong first quarter earnings.
Spirit's total revenues of $1.7 billion are up twenty percent year to year.
Net income of $154 million is a 89 percent improvement from the same quarter last year. Operating income is up 35 percent from last year. Earnings per share are at $1.07 compared to 57 cents one year ago.
Spirit CEO Larry Lawson attributes the successful report to continued robust demand for large commercial aircraft from customers including Boeing and Airbus.
Spirit is Wichita's largest employer with nearly 11,000 employees.