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Airbus Will Take Spirit AeroSystems Assets as Part of Carve-Up With Boeing

Manufacturing giant will acquire locations in Kansas and North Carolina, as well as internationally.

A Spirit AeroSystems facility seen from outside
A Spirit AeroSystems facility [Shutterstock]
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Key Takeaways:

  • Airbus will acquire several manufacturing facilities from Spirit AeroSystems across the U.S., Europe, and Morocco, consolidating the production of key components for its A220, A350, and A320 aircraft.
  • This acquisition is a strategic divestiture as Spirit AeroSystems prepares for its $4.7 billion reacquisition by Boeing, allowing Airbus to secure its own critical supply chain.
  • The deal involves Spirit paying Airbus $439 million, while Airbus will provide $200 million in noninterest-bearing credit lines to Spirit to support ongoing Airbus programs.
  • The restructuring aims to stabilize Spirit AeroSystems, which has faced significant financial losses and scrutiny, ensuring a more sustainable future for its crucial manufacturing operations.
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Europe’s Airbus has reached a deal to acquire manufacturing assets from Spirit AeroSystems as the struggling Kansas-based supplier nears its $4.7 billion reacquisition by Boeing.

Both companies announced Monday that Airbus will take control of several Spirit facilities, including a site in Wichita, Kansas, that produces A220 pylons and a location in Kinston, North Carolina, that builds A350 fuselage sections. Facilities in France, Morocco, Northern Ireland, and Scotland will also be transferred to Airbus’ ownership.

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.

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