Aircraft
Boeing and Airbus Eye Spirit AeroSystems Deals
Value of deals could total some $9 billion
Spirit AeroSystems Wichita
Spirit AeroSystems factory in Wichita builds the fuselage for the Boeing 737. Other work includes components for some Bombardier business jets.

Efforts to address supply chain instability and quality assurance have seen Boeing and Airbus each sign deals to potentially acquire their respective interests in Spirit AeroSystems, the companies said on Monday. The moves come amid calls by lawmakers and regulators for Boeing to better manage its safety systems following the in-flight blowout of a door plug on an Alaska Airlines 737 Max 9 in March. The definitive agreement between Boeing and Spirit would involve an all-stock transaction valued at $4.7 billion. The total value would reach $8.3 billion based on Spirit’s last reported net debt.

Spirit manufactures fuselage sections for four Bombardier business jets—the Challenger 650 and 3500, and Global 5500 and 6500. It also supplies engine nacelles for the Challenger 650 and Global 5500 and 6500, as well as the composite horizontal stabilizers for the Global 7500. Spirit’s Casablanca site assembles emergency doors for the Challenger 3500 and the floors for the Global 5500 and 6500.