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Spirit AeroSystems shares near 2019 low after Boeing loses 737 MAX customer

Daniel McCoy
Spirit AeroSystems shares near 2019 low after Boeing loses 737 MAX customer

Shares of Spirit AeroSystems Inc. were nearing their lowest level of 2019 on Monday following news that the Boeing Co. had lost a customer for its 737 MAX passenger jet.  Saudi budget carrier flyadeal on Sunday said a new allocation from its parent company of up to 50 Airbus A320neo jets would make it an all-Airbus operator, signaling that it would not finalize an order commitment for up to 50 737 MAX jets announced in December.