Announcement on complex agreement between the three companies could come as early as next week
Airbus is nearing a deal with Spirit AeroSystems to take over parts of the aerospace supplier’s work on some of its key aircraft programmes, paving the way for Boeing to purchase the rest of the group. Under the agreement, Airbus would take over the work that Spirit does for its A220 and A350 aircraft programmes at several sites around the world, including in Belfast in Northern Ireland, said several people familiar with the discussions.
Airbus, which previously confirmed it was in talks with Spirit about potentially acquiring some of the activities the supplier carries out for it, has been focused on carving out the work for the A220 and A350 programmes, said the people briefed on the talks. The Belfast facilities are lossmaking. Analysts have suggested Airbus could agree to pay a nominal sum to take over the work on the A220 programme subject to due diligence. Spirit also does work for other aviation customers at its sites.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Boeing whistleblower Sam Mohawk claims ‘defective parts likely being used on Boeing planes & were h...
Read more »
Rain can't dampen the spirit or enthusiasm of crowds gathered for Lanimer DayLacey Steele was crowned this year's Queen once the sky cleared
Read more »
NatWest colleague joins charity relay in Team GB spiritGill White is participating in NatWest's baton relay in memory of her dad who suffered from dementia
Read more »
Lewis Hamilton targeting Canadian GP surprise with 'fighting spirit' warning shot'I do feel like we're closer to the front this weekend...'
Read more »
Esme Morgan: England defender leaves Man City to join Washington SpiritEngland defender Esme Morgan's move from Manchester City to the Washington Spirit has gone through.
Read more »
Flying phone base stations to take off over Japan in 2026NTT Docomo teams with Airbus subsidiary to make it happen
Read more »