Addendum
Airbus and SpiritAeroSystems conclude deal for sale of several commercial airline program assets
April 1st 2025
Airbus and SpiritAeroSystems have completed protracted negotiations resulting in the Toulouse-headquartered OEM reaching agreement with the U.S. company to acquire its commercial aircraft program facilities in the United States, Morocco, Northern Ireland and Scotland and for Spirit Aerosystems Subang Malaysia to be sold to a third party owner. Read More »
Airbus announced in April it will take ownership of the below sites and assets of the U.S. controlled company.
 |
They are:
• Kinston North Caroline (A350 fuselage sections)
• St. Nazaire (A350 fuselage sections)
• Casablanca (A321 and A220 components)
• Wichita (A220 pylons)
• Belfast (A220 wings)
• Prestwick (A350 and A320 wing components)
Airbus added it will acquire the Belfast complex unless Spirit AeroSystems finds a buyer for part of the site. The U.S. company also is selling its Subang Malaysia complex.
 |
“The compensation amount has been adjusted to reflect this revised transaction perimeter in line with the provisions of the binding term sheet agreement announced on July 1, 2024, an Airbus statement said. SpiritAeroSystems will pay the European OEM US$439 million in a deal subject to certain adjustments at closing, Airbus said.
“With this operation, Airbus aims to ensure stability of supply for its commercial aircraft programs through a sustainable way forward, both operationally and financially, for key Airbus work packages,” the Airbus statement said.
Deal closure and the official transfer of operations [to Airbus] are planned for third quarter 2025.
“Airbus also has entered into a Memorandum of Agreement with SpiritAeroSystems under which Airbus has agreed among other things to provide SpiritAeroSystems with non-interest bearing lines of credit in an aggregate amount of US$200 million which will be used by SpiritAeroSystems to support Airbus programs,” Airbus said.
