Spirit AeroSystems in parallel strategic talks with Boeing and Airbus

Aerostructures supplier confirms it's also in talks with Airbus about selling A220 wing plant. Airbus gives tacit blessing on Boeing buying back Spirit.

Log-in here if you’re already a subscriber

Release Date
March 1, 2024
Spirit AeroSystems in parallel strategic talks with Boeing and Airbus

Spirit AeroSystems is in parallel conversations with Boeing and Airbus about its strategic shape, 19 years after it was first divested by the U.S. plane maker in what has been widely considered a massive strategic error by Boeing.

Boeing confirmed Friday that it is in “preliminary discussions about making Spirit AeroSystems a part of Boeing again.” That statement followed reporting by the Wall Street Journal and Bloomberg News that the pair were in talks and Spirit had hired bankers to explore strategic options for the aerostructures supplier that was spun off from Boeing in 2005.

Related: Inside the strained union of Boeing and Spirit AeroSystems

While Spirit emphasizes its talks are “preliminary” with both companies, the news, although not wholly unexpected, offers a potential tectonic shift in the strategic supply lines of two of the most important industrial players on Earth.

Subscribe to continue reading...

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.