WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for $37.25 per share, in an all-stock deal that values the supplier at more than $4 billion, according to two sources familiar with the matter. The boards of Boeing and Spirit met on Sunday and agreed to terms of the deal, the sources said. An […]
By Mike Stone, Allison Lampert and Tim Hepher (Reuters) – Boeing is nearing a deal to buy back Spirit AeroSystems after its former subsidiary made substantial progress in separate talks with Airbus over a transatlantic breakup of the struggling supplier, people familiar with the matter said on Thursday. Boeing initiated talks earlier this year to […]
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its 737 jet family by three months, two industry sources said, as it continues to struggle with a crisis that is hurting output. A new Boeing supplier schedule communicated to the industry calls for 737 output […]
By Tim Hepher, David Shepardson and Allison Lampert PARIS/WASHINGTON/MONTREAL (Reuters) -Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The latest in a series of manufacturing snags affecting the […]
By Tim Hepher, David Shepardson and Allison Lampert PARIS/WASHINGTON/MONTREAL (Reuters) -Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The latest in a series of manufacturing snags affecting the […]
By Mike Stone, David Carnevali and Allison Lampert (Reuters) – Boeing is looking at how Spirit AeroSystems could shed or sharply reduce its ties to Airbus, as the supply-chain giant’s work for the European planemaker poses complications in rival Boeing’s attempt to acquire its former subsidiary. The U.S. planemaker is exploring offloading or redeploying specific […]