Boeing Considers Reacquiring Spirit AeroSystems Amid Quality Concerns

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Source: NBC News
Boeing Considers Reacquiring Spirit AeroSystems Amid Quality Concerns
Photo: NBC News
TL;DR

Boeing is reportedly in talks to repurchase Spirit Aerosystems, the fuselage maker for its 737 Max jets, as both companies work to address manufacturing defects. This comes after a section of a Boeing 737 Max 9 plane blew out during a flight, leading to investigations and the temporary grounding of the planes. Spirit Aerosystems had a market capitalization of $3.3 billion as of Thursday’s close, and about 70% of its revenue last year came from Boeing. Boeing and Spirit Aerosystems declined to comment on the acquisition talks.

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