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Today: April 27, 2025
Today: April 27, 2025

Airbus expects to finalise Spirit Aero deal this month, CFO says

FILE PHOTO: The Airbus logo is pictured on a scale model of an Airbus A350 as Airbus announces annual results in Blagnac
April 15, 2025
Reuters - Reuters

(Reuters) - Airbus expects to finalise an agreement to buy part of the assets of Spirit AeroSystems by the end of the April and close the deal by mid-year, "ideally by June 30", Chief Financial Officer Thomas Toepfer told shareholders.

Airbus has been negotiating for around a year to take over work carried out by at least four plants as part of a rare carve-up of the struggling aerostructures company with rival U.S. planemaker Boeing.

(Reporting by Tim Hepher; Editing by Alison Williams)

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