In a bid to facilitate a potential merger deal between Spirit AeroSystems and Boeing, Airbus has reportedly requested financial compensation to absorb the struggling operations of Spirit AeroSystems. This demand has surfaced as a significant hurdle in the ongoing discussions between the supplier and its primary client, Boeing. According to sources familiar with the matter, [...]

Boeing has agreed to forward $425 million in advance payments to Spirit AeroSystems to help the supplier manage increased inventory levels and reduced cash flow. This financial assistance comes in response to the U.S. aviation regulator's decision to limit Boeing's 737 MAX production rates. The financial support aims to stabilize Spirit AeroSystems' operations as it [...]

Boeing's endeavor to regain ownership of Spirit AeroSystems Holdings, a move aimed at reversing a divestment made in 2005, is encountering challenges related to the valuation of factories producing components for Airbus. According to sources familiar with the situation, as reported by Bloomberg News on Tuesday, this hurdle has stalled Boeing's efforts to proceed with [...]

Airbus CEO Guillaume Faury has indicated that acquiring two Spirit AeroSystems factories is a plausible scenario, as reported by Reuters. This move could become a strategic component of Boeing’s efforts to take control of Spirit AeroSystems, with an aim to enhance product quality within its operations. The potential acquisition by Airbus reflects a significant shift [...]