Airbus SE has closed the transaction with Spirit AeroSystems for the acquisition of industrial assets dedicated to its commercial aircraft programmes. Florent Massou, Executive Vice President Operations for the Commercial Aircraft business of Airbus, said: "This milestone marks a special moment f...

Boeing today announced it has completed its acquisition of Spirit AeroSystems. Kelly Ortberg, president and chief executive officer of The Boeing Company, said: "This is a pivotal moment in Boeing's history and future success as we begin to integrate Spirit AeroSystems' commercial and aftermarket...

Britain’s competition watchdog has approved Boeing’s planned acquisition of Spirit AeroSystems, deciding there is no need for an in-depth probe into potential competition concerns. The decision is expected to reassure investors after years of crises that have strained Boeing’s finances, hit e...

Spirit AeroSystems Holdings, Inc. announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. The divestiture of these assets is expected to close concurrently with Sp...

Spirit AeroSystems Holdings, Inc. today announced that John L. Plueger, Chief Executive Officer of Air Lease Corporation, will depart the Spirit AeroSystems Board of Directors after 10 years of service as a board member. Plueger will not be standing for re-election, and his departure will be effe...

Spirit AeroSystems today announced it has entered into a definitive merger agreement under which The Boeing Company will acquire Spirit for $37.25 per share in Boeing common stock. At $37.25 per share, this represents an equity value of approximately $4.7 billion and an enterprise value of approx...

Boeing has proposed to acquire Spirit AeroSystems Holdings in a deal primarily funded by stock, valuing the key supplier at approximately $35 per share, according to a report from Bloomberg News on Monday. The offer represents a nearly 6% premium over Spirit's closing price of $33.07 on Monday and a...

Spirit AeroSystems Holdings, Inc. today announced that Mark Suchinski is stepping down as Senior Vice President and Chief Financial Officer. Irene Esteves, former Executive Vice President and Chief Financial Officer of Time Warner Cable and a member of Spirit's Board of Directors, has been appoin...

Spirit AeroSystems Holdings, Inc. today announced that Jane P. Chappell will join the company's Board of Directors, effective Feb. 26, 2024. She will serve on the Corporate Governance and Nominating Committee and the Risk Committee. Chappell has more than four decades of experience, 17 years at t...

Spirit AeroSystems, Holdings Inc. announced today that its subsidiary, Spirit AeroSystems Inc., entered into a Memorandum of Agreement (MoA) with The Boeing Company. The agreement enables greater collaboration to achieve improved quality and higher deliveries in the future. "Boeing and Spirit ...

Spirit AeroSystems, Inc. announced that it will continue talks with the International Association of Machinists and Aerospace Workers on Monday, June 26, following constructive and positive meetings through the weekend. "We have been working hard and making good progress," said Tom Gentile, Pre...

In light of the decision to strike by Spirit AeroSystems employees represented by the International Association of Machinists and Aerospace Workers today, Spirit will suspend factory production prior to the expiration of the contract. Beginning with the start of first shift on Thursday, June 22,...

Spirit AeroSystems, Inc. announced today at MRO Europe in London a Memorandum of Understanding (MOU) with Joramco, the Amman-based maintenance, repair, and overhaul (MRO) provider and the engineering arm of Dubai Aerospace Enterprise (DAE), to explore cooperation in providing a wide range of repairs...

Spirit AeroSystems, Inc. announced today at MRO Asia-Pacific in Singapore a Memorandum of Understanding (MOU) with Malaysia Airlines Berhad (MAB) to develop maintenance, repair and overhaul (MRO) services for the 737 Next Generation Aircraft. Under the terms of the agreement, Spirit and MAB will ...

By John Campbell, BBC Airbus has said it envisages producing 14 of its A220 airliners every month within the next five years. The wings for the A220 are made at the Spirit AeroSystems plant in Belfast. The current monthly production rate is five, which Airbus has sai...