Boeing to buy supplier Spirit AeroSystems in $4.7bn deal

www.theguardian.com 01-07-2024 08:11 1 Minutes reading Negative -0.68
<p>US aircraft maker reverses decision it made nearly 20 years ago to outsource part of production amid safety crisis</p><ul><li><a href="https://www.theguardian.com/business/live/2024/jul/01/euro-dollar-sterling-bond-markets-france-election-marine-le-pen-french-hung-parliament-manufacturing-ecb-business-live">Business live – latest updates</a></li></ul><p>Boeing has agreed a $4.7bn (£3.7bn) deal to buy the parts supplier it sold nearly 20 years ago, as it seeks to improve safety on its production lines after a <a href="https://www.theguardian.com/world/2024/jan/08/united-finds-loose-bolts-boeing-737-max-planes">panel blew off an Alaska Airlines-operated plane</a> mid-flight earlier this year.</p><p>The under-pressure US planemaker will buy Spirit Aerosystems, which supplies it with fuselage and wing parts, as it attempts to improve safety and quality in its manufacturing processes.</p> <a href="https://www.theguardian.com/business/article/2024/jul/01/boeing-to-buy-supplier-spirit-aerosystems-deal">Continue reading...</a>

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