Spirit AeroSystems Holdings’ management cited substantial doubt about its ability to continue due to cash flow and liquidity issues.

Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing. Shares of the company rose about 1% in premarket trading.

Spirit AeroSystems ( NYSE: SPR) on Monday provided an estimate of quarterly revenue that is greater than what Wall Street analysts on average expect. The company’s biggest customer, planemaker Boeing ( NYSE: BA ), restarted production to drive the revenue gains.

Spirit AeroSystems shareholders have agreed to a Boeing buy out that would see the Wichita-based firm rejoin the planemaker 20 years after splitting.

Spirit AeroSystems significantly ramped up deliveries to Airbus and Boeing in the fourth quarter of 2024 but still expects to post a $413 million loss for the period.

Read abou the latest development in the potential $4.7 billion all-stock transaction for Boeing's acquisition of Spirit AeroSystems

Spirit AeroSystems (NYSE: SPR) reported preliminary fourth-quarter 2024 results on Monday, with revenue exceeding analyst expectations despite posting a net loss.