Airbus Reaches Deal to Acquire Spirit AeroSystems Plants

Airbus has reached an agreement to acquire Spirit AeroSystems’ facilities in the U.S. and UK as part of a restructuring deal with Boeing. This acquisition raises concerns about potential job losses, particularly in Belfast, where approximately 2,500 jobs could be affected. Unions have expressed worries about the impact on employment following the deal. Airbus confirmed the acquisition of Spirit’s operations in Belfast, signaling a significant shift in the aerospace supply chain. The deal aims to streamline operations and improve efficiency for both Airbus and Boeing.
— new from WSJ

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