Overview

• Airbus has signed binding agreements to acquire Spirit AeroSystems’ Airbus-linked facilities for $439 million, alongside providing $200 million in interest-free loans.
• The transaction includes Spirit sites in Kinston, Belfast, St. Nazaire, Prestwick, Wichita, and Casablanca, critical for Airbus’s A220 and A350 production ramp-up.
• This deal is part of a three-way restructuring, resolving competition concerns and enabling Boeing to reacquire Spirit AeroSystems’ remaining operations.
• Spirit AeroSystems has faced financial strain due to halted Boeing 737 MAX production, quality issues, and reliance on bridging loans from Airbus and Boeing.
• Airbus will assume additional Spirit facilities if unsold, ensuring uninterrupted supply of key aircraft components.