Airbus Paid To Take Irish Factory As Part Of Boeing-Spirit Deal

Airbus is being paid $559 million to take over an Irish aircraft parts factory as a result of the Boeing’s acquisition of Spirit Aerosystems. Boeing announced Monday it had bought Spirit and the main part of the deal was the Wichita plant it sold to Spirit 20 years ago. The $4.7 billion deal is part of Boeing’s effort to tighten quality control after a series of tragic and embarassing accidents and mishaps. The Monday deal will give Boeing control of the Kansas facility that builds the fuselages for the 737 MAX series. It was in that plant where the chain of events began that led to the loss of a door plug in an Alaska Airlines MAX 9 last January in Oregon. But to get control of the Wichita operation, Boeing had to ensure Spirit’s other major customer Airbus would continue to get the parts it needs.

Story continues

TRENDING NOW

LATEST LOCAL NEWS