Unions warn on jobs as Airbus reaches Spirit Aero factory deal

Airbus is buying some of rival Boeing's old supply chain

Airbus (AIR) said on Monday that it agreed to acquire some of Sprit Aerosystems’s facilities for making jet parts, completing a carve-up with Boeing (BA) of the struggling supplier and taking direct control of production.Read more...

Unions raise concerns about jobs in Northern Ireland as Airbus reaches Spirit Aero factory deal

The deal comes almost a year after Boeing agreed to buy back its main fuselage supplier, some two decades after spinning it off for $4.7-billion in stock

Spirit AeroSystems: Airbus confirms deal for operations in Belfast

The deal was first announced in July last year as part of a wider break up of the Spirit business.

Airbus will buy Spirit AeroSystems’ US and UK assets as it carves up the supplier with Boeing

Europe’s Airbus has finalized an agreement to take some assets from Spirit AeroSystems, both companies said Monday, completing a critical part of a transatlantic carve-up of the struggling supplier with US rival Boeing.

Airbus finalises deal to take over parts of aerospace supplier Spirit

Agreement leaves Belfast plant facing uncertainty as third-party buyer sought

In order to get the crisis-ridden supplier Spirit back under the umbrella of the Group, US aircraft manufacturer Boeing had to pass on some loss-making facilities to Airbus. Now both companies have reached an agreement.