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Boeing in Talks to Buy Troubled Supplier Spirit AeroSystems

  • Boeing Co is in talks to acquire Spirit AeroSystems Holdings Inc, its former jet-fuselage supplier, who is facing scrutiny over quality issues impacting Boeing's production.
  • Spirit AeroSystems is exploring strategic options, including a potential sale back to Boeing, due to financial struggles and quality problems affecting Boeing's 737 MAX jets.
  • The acquisition would challenge Boeing to improve operations and quality control within a 90-day timeframe set by the Federal Aviation Administration.
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Associated Press NewsAssociated Press News
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Boeing reportedly in talks to buy Spirit AeroSystems, its key supplier on troubled 737 Max

The Wall Street Journal first reported on Friday that the companies have held preliminary discussions about a sale.

·United States
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After a dramatic incident involving a 737 Max, the aircraft manufacturer wants to eradicate quality deficiencies. A multi-billion dollar takeover is now expected to help with this.

·Frankfurt, Germany
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  • 58% of the sources are Center
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Wall Street Journal broke the news in New York, United States on Friday, March 1, 2024.
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