Nolan’s Notes: Is Mexico the Pulse of Electronics in the Americas?
Standard of Excellence: Speed vs. Quality in Customer Service
Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
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:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
Spirit AeroSystems Reports Q3 2025 Results
11/04/2025 | Spirit AeroSystems, Inc.Spirit's revenue in the third quarter of 2025 increased from the same period of 2024, primarily due to higher production activity on Boeing, Airbus and Defense & Space programs.
Airbus, Leonardo and Thales Sign Memorandum of Understanding to Create a Leading European Player in Space
10/28/2025 | AirbusAirbus, Leonardo and Thales have signed a Memorandum of Understanding (MoU) aimed at combining their respective space activities into a new company.
Airbus Projects Resilient Growth of Services Market in the Next 20 Years
10/13/2025 | AirbusIn its latest Global Services Forecast (GSF), Airbus anticipates that the total demand for services will see a 10% year-on-year increase in 2025, and this will continue to grow alongside expanded air traffic, reaching an estimated value of US$311 billion by 2044 (anticipating a CAGR of 3.6%).
Spirit AeroSystems Announces Definitive Agreement with CTRM for Acquisition of Facility in Subang, Malaysia
08/11/2025 | PRNewswireSpirit AeroSystems Holdings, Inc. announces a purchase agreement to sell its facility and businesses in Subang, Malaysia to Composites Technology Research Malaysia Sdn Bhd (CTRM) for $95,200,000, subject to customary adjustments.
Airbus-built CO3D Constellation Successfully Launched to Map our Planet in 3D
07/28/2025 | AirbusThe four Airbus-built CO3D (Constellation Optique 3D) satellites have been successfully placed into orbit by an Arianespace Vega-C rocket from the European Spaceport in Kourou, French Guiana.