Airbus Signs Definitive Agreement with Spirit AeroSystems

Airbus SE has finalized an agreement with Spirit AeroSystems for the acquisition of industrial assets dedicated to its commercial aircraft programs. As part of the deal, Airbus will acquire several Spirit AeroSystems sites, including those in Kinston, North Carolina, St. Nazaire, France, Casablanca, Morocco, Wichita, Kansas, Belfast, Northern Ireland, and Prestwick, Scotland. These sites are involved in the production of fuselage sections, components, and wings for various Airbus aircraft models.
Spirit AeroSystems plans to sell its Subang, Malaysia site to a third-party owner. The transaction involves a compensation payment of $439 million from Spirit AeroSystems to Airbus, subject to adjustments at closing. Additionally, Airbus has agreed to provide Spirit AeroSystems with non-interest-bearing lines of credit totaling $200 million to support Airbus programs.
The transaction is expected to close in the third quarter of 2025, pending regulatory and other customary approvals. This move aims to ensure stable supply chain operations for Airbus’ commercial aircraft programs through a more sustainable operational and financial approach.
— new from Airbus

Leave a Reply

Your email address will not be published. Required fields are marked *