Airbus has also sealed an agreement with Spirit to accelerate the production of some of its aircraft
Related topics: Airbus, Boeing, Dave Calhoun, Spirit Aerosystem
July 2, 2024
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The world’s two largest aircraft manufacturers, Boeing and Airbusmove their pieces to resolve the supply problems that they have been dragging since the outbreak of the pandemic and reinforce their security systems through Spirit Aerosystem.
First, the American company has announced the acquisition of this supplier, which manufactures the fuselage of the 737 aircraft, among others. The value is around 4.7 billion dollars, which rises to 8.3 billion if the latest net debt reported by Spirit is taken into account.
Boeing President, Dave Calhounhas celebrated that “this agreement is the best for passengers, our customers, employees, our shareholders and the country in general.” In its opinion, this will allow “to align our commercial production systems, including our safety and quality management systems, and our workforce with the same priorities, incentives and results, focused on safety and quality.”
He believes that this is a fundamental move to clean up the company’s image after the recent air accidents. It is “an opportunity to recover the critical work of aircraft manufacturing. Engineers and mechanics can work together seamlessly, focused on a common mission: building safe, quality aircraft for our customers.”
Airbus has also signed an agreement with Spirit to accelerate production of some of its aircraft. Specifically, it is focusing on sections of the A350 fuselage in Kinston; the wings and mid-fuselage of the A220 in Belfast and Casablanca; and the pylons of the A220 in Wichita.
The European manufacturer’s goal is to “ensure supply stability for its commercial aircraft programs through a more sustainable way forward, both operationally and financially, for the various work packages for which Spirit AeroSystems is currently responsible.”