Spirit Evaluating 787 Deliveries and First Flight Reschedule



    WICHITA, Kan., Oct. 10 /CNW/ -- Spirit AeroSystems, Inc. (NYSE:   SPR) said
it is evaluating Boeing's reschedule of 787 first flight and first deliveries
to customers announced by The Boeing Company earlier today. "We are
disappointed in the delay but we remain focused on working with our customer
and suppliers to make the program successful over the long-term," said Spirit
AeroSystems' President and CEO Jeff Turner. The reschedule will likely result
in lower shipments of Spirit product over the next six months. Spirit is
assessing the financial impact on revenues, earnings, and cash flow over the
coming weeks and will provide updated 2007 financial guidance during the 3rd
quarter conference call planned for November 1, 2007.
    
    Cautionary Statement Regarding Forward-Looking Statements
    
    This press release includes forward-looking statements that reflect the
plans and expectations of Spirit AeroSystems Holdings, Inc. To the extent that
statements in this press release do not relate to historical or current facts,
they constitute forward-looking statements. Forward-looking statements can
generally be identified by the use of forward-looking terminology such as
"may," "will," "expect," "intend," "estimate," "anticipate," "believe,"
"project," "continue," or other similar words. These statements reflect Spirit
AeroSystems Holdings, Inc.'s current view with respect to future events and
are subject to risks and uncertainties, both known and unknown. Such risks and
uncertainties may cause the actual results of Spirit AeroSystems Holdings,
Inc. to vary materially from those anticipated in forward-looking statements,
and therefore we caution investors not to place undue reliance on them.
Potential risks and uncertainties include, but are not limited to: our
customers' aircraft build rates; the ability to enter into supply arrangements
with additional customers and satisfy performance requirements under existing
contracts; any adverse impact on our customers' production of aircraft; the
success and timely progression of our customers' new programs including, but
not limited to The Boeing Company's 787 aircraft program; future levels of
business in the aerospace and commercial transport industries; competition
from original equipment manufacturers and other aerostructures suppliers; the
effect of governmental laws; the effect of new commercial and business
aircraft development programs; the cost and availability of raw materials; the
ability to recruit and retain highly skilled employees and relationships with
unions; spending by the United States and other governments on defense; the
continuing ability to operate successfully as a stand alone company; the
outcome of ongoing or future litigation and regulatory actions; and exposure
to potential product liability claims. Additional information as to factors
that may cause actual results to differ materially from our forward-looking
statements can be found in Spirit AeroSystems Holdings, Inc.'s filings with
the United States Securities and Exchange Commission. Spirit AeroSystems
Holdings, Inc. undertakes no obligation and does not intend to update publicly
any forward-looking statements after the date of this press release, except as
required by law.




For further information:

For further information: media, Debbie Gann, +1-316-523-2438, or
Investor  Relations, Philip Anderson, +1-316-523-1797, both of Spirit
AeroSystems, Inc.

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Spirit AeroSystems, Inc.

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