Business

terms of the acquisition of Spirit by Boeing


The American aerospace company Boeing plans to regain Spirit, which was part of it until 2005, in a transaction valued at nearly $5 billion. However, the European Commission expressed concerns that the takeover could threaten market balance, especially in relations with Europe's Airbus. Spirit supplies aircraft structures to both of these giant aircraft manufacturers.

The commission was concerned that Boeing, after taking over Spirit, could limit or worsen supplies to Airbus, as well as gain access to confidential commercial data of the European competitor. To avoid such scenarios, the EC set a condition that Boeing must sell all Spirit plants that currently cooperate with Airbus. Additionally, the American company will be obliged to sell the Malaysian factory that supplies aviation structures to the local company CTRM.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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