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Spirit assembles most of the 737 Max plane’s fuselage in Wichita before shipping them by rail to Boeing’s factory in Renton, Washington, for final assembly of the aircraft.
Boeing said Friday that it is in “preliminary discussions” to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners, including the one that suffered a door-panel blowout ...
The lack of quality control showed itself again earlier this year when on another 737 Max, a door plug in a Spirit-built fuselage popped out during an Alaska Airlines flight. Thankfully, no one ...
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the ...
Wichita plant as seen in 2005, just before Spirit Aerosystems took control. Spirit was originally formed as Mid-Western Aircraft Systems when Boeing sold its Wichita factory along with facilities in Tulsa and McAlester to the investment firm Onex Corporation in June 2005 for US$900 million in cash and the assumption of $300 million in debt, a total of $1.2 billion in enterprise value.
Spirit Aero, which produces the fuselage for the MAX, was not immediately available for comment. Boeing declined comment. Spirit Aero said that it had drawn down an entire $350-million bridge loan ...
Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out ...
(Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, sending shares in all three ...