Register

Boeing Ordered to Divest Spirit AeroSystems Assets

FTC condition means some businesses will be transferred to Airbus.

A 737 fuselage
A 737 fuselage [Credit: Shutterstock/VDB Photos]
Gemini Sparkle

Key Takeaways:

  • The Federal Trade Commission (FTC) has conditionally approved Boeing's $4.7 billion acquisition of Spirit AeroSystems to prevent anti-competitive practices.
  • Key conditions require Boeing to divest Spirit's aerostructures businesses that supply Airbus directly to Airbus, and sell its Malaysia division to Composites Technology Research Malaysia.
  • Spirit must also continue supplying military aircraft parts to Boeing's competitors without discrimination and protect confidential information.
  • These measures are imposed to ensure competitors retain access to essential aerostructure products and technologies, thereby preserving market competition.
See a mistake? Contact us.

The Federal Trade Commission (FTC) has attached conditions to Boeing’s proposed acquisition of Wichita, Kansas-based Spirit AeroSystems, including a transfer of certain business segments to rival Airbus.

For the $4.7 billion deal to move forward, the FTC said this week, Boeing must divest Spirit businesses that supply aerostructures to Airbus, including all assets and personnel. The assets will be divested to Airbus.

Zach Vasile

Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.

Ready to Sell Your Aircraft?

List your airplane on AircraftForSale.com and reach qualified buyers.

List Your Aircraft
AircraftForSale Logo | FLYING Logo
Pilot in aircraft
Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox.

SUBSCRIBE