Spirit Evaluating 787 Deliveries and First Flight Reschedule

Spirit Evaluating 787 Deliveries and First Flight Reschedule

October 11, 2007

    WICHITA, Kan., Oct. 11 /Xinhua-PRNewswire / -- 

    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 more information, please contact:

    Spirit AeroSystems, Inc.

     Media:
     Debbie Gann
     Phone: [phone]

     Investor Relations:
     Philip Anderson
     Phone: [phone]