GKN Transfer Completes Airbus Restructuring, For Now
GKN Aerospace assumed full ownership of the former Airbus wing component and assemblies factory at Filton, UK, on January 5.

GKN Aerospace assumed full ownership of the former Airbus wing component and assemblies factory at Filton, UK, on January 5. The UK group acquired the facility from Airbus for £136 million ($199 million).

The Filton plant makes wing leading and trailing edges for the A330, A340 and A380. It already holds contracts to manufacture rear spars and trailing edges for the new A350XWB, and plans to produce the first units for that program in the second quarter of 2010.