海角视频

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Enterprise

Airbus secures key Spirit Aerosystems sites in strategic move ahead of Boeing acquisition

Airbus said it had reached a final agreement to acquire some of the assets and sites of Spirit Aerosystems ahead of the US supplier's acquisition by Boeing

Airbus has reached a final agreement to acquire some of the assets and sites of Spirit Aerosystems, according to an announcement.(Image: Steve Parsons/PA Wire)

Airbus has confirmed it has sealed a definitive agreement to purchase certain assets and facilities from Spirit Aerosystems, in anticipation of the US supplier's impending acquisition by Boeing.

The European aerospace titan disclosed on Monday its intentions to assume control over operations at sites across Kansas, North Carolina, Northern Ireland, Morocco, and France, as reported by .

Additionally, Airbus is set to take over the production of wing components for its A320 and A350 models located in Prestwick, Scotland.

In this arrangement, Airbus will be compensated to the tune of $439 million (£329.8 million) by Spirit, which has been grappling with financial woes, having reported losses surpassing half a billion dollars in February, casting doubts about its future stability.

The transaction is slated for completion in the third quarter of 2025, pending regulatory green lights. Moreover, Airbus has committed to providing Spirit with $200 million in non-interest-bearing credit lines to bolster some of the European firm's projects.

"With this operation, Airbus aims to ensure stability of supply for its commercial aircraft programmes through a more sustainable way forward, both operationally and financially, for key Airbus work packages," stated the company.

July 2024 saw Spirit being snapped up by Boeing for $4.7 billion, reuniting the two companies after Boeing divested its subsidiary in 2005.

This move also paved the way for Airbus to acquire a portion of Spirit's assets, marking an unusual yet strategic cooperation between the fierce competitors.