Elementary Mr. Watson: Navigating RF—A Glide Path Approach to Design Success
Designers Notebook: Layer Stackup Planning for RF Circuit Boards
Connect the Dots: Involving Manufacturers Earlier Prevents Downstream Issues
Airbus Signs Definitive Agreement with Spirit AeroSystems
April 28, 2025 | AirbusEstimated reading time: 1 minute
Airbus SE has entered into a definitive agreement with Spirit AeroSystems for the acquisition of industrial assets dedicated to its commercial aircraft programmes.
As part of this agreement, Airbus will take ownership of the following Spirit AeroSystems assets:
- the site of Kinston, North Carolina, U.S. (A350 fuselage sections);
- the site of St. Nazaire, France (A350 fuselage sections);
- the site of Casablanca, Morocco (A321 and A220 components);
- the production of A220 pylons in Wichita, Kansas, U.S.;
- the production of A220 wings in Belfast, Northern Ireland; and
- the production of the A220 mid-fuselage in Belfast, Northern Ireland, unless Spirit AeroSystems identifies a suitable buyer for the part of the site where these activities are located.
Airbus will also acquire the production of wing components for A320 and A350 in Prestwick, Scotland. Spirit AeroSystems intends to sell the site of Subang, Malaysia to a third-party owner.
The compensation amount has been adjusted to reflect this revised transaction perimeter, in line with the provisions of the binding term sheet agreement announced on 1 July 2024. Airbus will be compensated by payment of $439 million from Spirit AeroSystems, subject to certain adjustments at closing.
The conditions and financial impact of this agreement are in line with the EBIT Adjusted and Free Cash Flow before Customer Financing preliminary estimates included in Airbus’ 2025 guidance, as issued on 20 February 2025.
With this operation, Airbus aims to ensure stability of supply for its commercial aircraft programmes through a more sustainable way forward, both operationally and financially, for key Airbus work packages.
Closing of the transaction and the official transfer of operations is planned in the third quarter of 2025, subject to regulatory and other customary approvals.
Airbus has also entered into a memorandum of agreement with Spirit AeroSystems, under which Airbus has agreed to, among other things, provide Spirit AeroSystems non-interest bearing lines of credit in an aggregate amount of $200 million, which will be used by Spirit AeroSystems to support Airbus programmes.
Share on:
Suggested Items
Airbus to Design and Build ESA’s ExoMars Rover Lander Platform
03/31/2025 | AirbusAirbus has been selected by the European Space Agency (ESA) and Thales Alenia Space (TAS - a joint venture between Thales (67%) and Leonardo (33%)), the ExoMars industrial prime contractor, to build key systems for the ExoMars lander that will safely place the Rosalind Franklin rover on the surface of the Red Planet.
Airbus Foundation Joins Forces with the Solar Impulse Foundation to Boost Climate Action
03/28/2025 | AirbusThe Airbus Foundation and Solar Impulse Foundation have launched a three-year partnership aimed at driving global progress on sustainability through fostering innovation and collaboration.
Airbus Advances Key Technologies for Next-Generation Single-Aisle Aircraft
03/25/2025 | AirbusDuring the 2025 Airbus Summit, Airbus provided an update on its roadmap to pioneer the future of commercial aviation in the decades to come.
Ariane-6 Launches CSO-3: double success for France and Europe
03/07/2025 | AirbusThe Airbus-built CSO-3 (Composante Spatiale Optique) Earth observation satellite for the French Armed Forces, has been successfully launched by Arianespace on Ariane 6’s first commercial flight from the European Spaceport in Kourou.
FAA Certifies Airbus H125 IFR Capability
03/04/2025 | AirbusThe H125‘s single pilot instrument flight rules (IFR) capability has been certified by the U.S. Federal Aviation Administration (FAA), paving the way for first deliveries in 2025 from Airbus Helicopters’ assembly line in Columbus, Mississippi.