Airbus would provide non-interest bearing credit lines worth $200 million to Spirit as a part of the deal, the companies said in separate statements. Airbus, meanwhile, will be compensated by ...

Airbus has finalised a deal to take over part of the Spirit AeroSystems operation in Belfast. The deal was first announced in July last year as part of a wider break up of the Spirit business. The ...

Spirit AeroSystems is burning cash rapidly, with first-quarter free cash flow burn already at $474 million. Read why I do not ...

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 ...

Airbus will take over some parts of Spirit AeroSystems as Spirit is reacquired by Boeing. “Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets ...

European plane-maker Airbus will take over parts of Spirit AeroSystems, a key supplier for Airbus and Boeing, as the two manufacturers carve up Spirit. Airbus and Spirit moved one step closer to ...

It involves Airbus taking control of a plant in Kinston, North Carolina, where Spirit makes a crucial part of the A350 fuselage, and another in Belfast, Northern Ireland, that makes carbon-fibre ...

Spirit Airlines is phasing out its blocked middle seat introduced in 2024 and plans to feature an extra legroom option as ...