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Market Chatter: Boeing, Airbus Mull Framework Deal to Split Spirit AeroSystems' Operations
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Market Chatter: Boeing, Airbus Mull Framework Deal to Split Spirit AeroSystems' Operations
Apr 4, 2024 11:17 AM

02:02 PM EDT, 04/04/2024 (MT Newswires) -- Boeing ( BA ) and Airbus are exploring a framework agreement to divide the operations of supplier Spirit AeroSystems Holdings ( SPR ) , Reuters reported Thursday, citing unnamed sources.

The three companies are in discussions but the format of the talks is unclear and it is uncertain that a deal would be reached, the report said. It was also unclear whether Boeing ( BA ) and Airbus representatives have met face to face, the report added.

Boeing ( BA ) declined MT Newswires' request for comment, while Airbus and Spirit AeroSystems ( SPR ) didn't immediately respond to requests for comment.

Boeing ( BA ) shares were up 1.3% and Spirit AeroSystems ( SPR ) shares rose 2.3% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 187.32, Change: +2.40, Percent Change: +1.30

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