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Airbus completes acquisition of Spirit AeroSystems sites

The industry receives compensation of $439 million

Airbus has closed the transaction with Spirit AeroSystems for the acquisition of industrial assets dedicated to its commercial aircraft programmes.

The company has taken ownership of the following former Spirit AeroSystems assets:

  • the site of Kinston, North Carolina, US (A-350 fuselage sections), joining as Airbus Aerosystems Kinston;
  • the site of Saint-Nazaire, France (A-350 fuselage sections), joining as Airbus Atlantic Cadréan;
  • the site of Casablanca, Morocco (A-321 and A-220 components), joining as Airbus Atlantic Maroc Aero;
  • the production of A-220 wings and A-220 mid-fuselage in Belfast, Northern Ireland, becoming Airbus Belfast;
  • the production of wing components for A-320 and A-350 in Prestwick, Scotland, becoming an affiliate named Prestwick Aerosystems;
  • the production of A-220 pylons, which will be transferred out of Wichita, Kansas, US to the site of Saint-Eloi, Toulouse, France.

The industry receives compensation of $439 million, with the typical purchase price adjustments and subject to customary post-closing review. In addition, Airbus receives certain amounts to settle liabilities under the provision of the purchase agreements.

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AVIONEWS - World Aeronautical Press Agency
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