Market Chatter: Spirit AeroSystems Plans Plant Operations Transfer to Airbus-February 2024-www.financetom.com

Market Chatter: Spirit AeroSystems Plans Plant Operations Transfer to Airbus

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Market Chatter: Spirit AeroSystems Plans Plant Operations Transfer to Airbus

Jun 25, 2024 10:33 AM

01:21 PM EDT, 06/25/2024 (MT Newswires) -- Spirit AeroSystems ( SPR ) is set to transfer all or portions of operations from four of its plants to Airbus as part of a deal that includes restructuring with Boeing ( BA ) , Reuters reported Tuesday, citing industry sources.

Airbus will acquire plants in Kinston, North Carolina; Northern Ireland; Casablanca, Morocco; and Saint-Nazaire in western France, the report said.

Spirit AeroSystems ( SPR ), Airbus and Boeing ( BA ) did not immediately respond to requests for comment from MT Newswires.

Spirit AeroSystems' ( SPR ) shares fell 6.5% in recent trading Tuesday.

(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: 30.91, Change: -2.16, Percent Change: -6.53

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