Airbus to acquire A350 and A220 airplanes-related assets from Spirit AeroSystems for $559m.

Airbus, an aerospace products provide, agreed to acquire A350 and A220 airplanes-related assets from Spirit AeroSystems, an American manufacturer of aerostructures for commercial airplanes, for $559m. With this agreement, Airbus aims to ensure stability of supply for its commercial aircraft programmes through a more sustainable way forward, both operationally and financially, for the various Airbus work packages that Spirit AeroSystems is responsible for today.