Boeing in Talks to Buy Spirit AeroSystems

SOURCE www.npr.org
Boeing is in talks to buy Spirit AeroSystems, a key supplier that builds the fuselage for the 737 at a factory in Wichita, Kansas. The potential acquisition has implications for the aviation industry and the community of Wichita.

Key Points

  • Boeing and Spirit have cut production of the 737 following safety concerns
  • Spirit announced job cuts amidst the production slowdown
  • Wichita has a deep connection to the aviation industry
  • Potential acquisition could impact the future of aviation manufacturing in Wichita

Pros

  • Potential for Boeing to reunite with the Wichita factory that has been building the fuselage for 737 jets since the 1960s
  • Could lead to stability and growth in the aviation industry in Wichita

Cons

  • Complicated negotiations due to Spirit also supplying parts for Boeing's rival, Airbus