Boeing Considers Reacquiring Spirit AeroSystems Amid Quality Control Crisis

March 1, 2024
Boeing Considers Reacquiring Spirit AeroSystems Amid Quality Control Crisis
  • Boeing is negotiating to buy Spirit AeroSystems to tackle quality control issues following a 737 Max incident.

  • Spirit AeroSystems, once part of Boeing, depends heavily on it for revenue, with the remainder coming from Airbus.

  • Spirit may sell its Northern Ireland facility that supplies Airbus amid scrutiny from a 737 Max part deficiency.

  • The FAA grounded the 737 Max temporarily after a report on missing bolts, suggesting quality oversight failures.

  • Boeing's response includes leadership changes in the 737 Max program and hiring a quality assurance advisor.

  • Acquiring Spirit AeroSystems could strengthen Boeing's control over production and enhance flight safety.

  • The acquisition would have financial consequences for Boeing, potentially affecting its debt reduction efforts.

Summary based on 17 sources


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