Airlines
Spirit AeroSystems Touts Expanding Aftermarket Business
Spirit AeroSystems is on a push to market its aftermarket business to commercial customers in the Asia-Pacific region.

Spirit AeroSystems (Booth 271) comes to the Singapore Airshow with a new organizational structure, a new joint venture, and an acquisition under its belt that will help its recently announced aftermarket division expand MRO services and spares support in the Asia-Pacific region.

In a bid to further diversify and grow its business, the Wichita, Kansas-based aerostructures supplier announced last September a reorganization that created three primary business divisions: commercial, defense and space, and aftermarket, which it expects to drive strategic plans across the divisions, diversify its customer base, and de-lever the company’s balance sheet to increase margins. Spirit wants to achieve a 40-40-20 revenue split between commercial, defense and space, and aftermarket divisions, respectively.

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