Spirit AeroSystems is burning cash rapidly, with first-quarter free cash flow burn already at $474 million. Read why I do not ...

Plane maker Airbus has revealed plans to acquire a key manufacturing operation at Prestwick. The deal will see around 1,150 of the approximately 1,200 employees of Spirit AeroSystems at Prestwick ...

While Boeing pays $4.7bn (£3.5bn) to buy part of Spirit AeroSystems, Spirit is paying $439m (£328m) to Airbus to take over the production capacity. Meanwhile, Airbus is extending $200m (£150m) of ...

Airbus has announced that it is taking over most of the operations at Spirit AeroSystems' site next to Prestwick Airport. Spirit employed around 1,150 people making the leading edge of wings for the ...

Airbus has finalised a deal to take over part of the Spirit AeroSystems operation in Belfast. The deal was first announced in July last year as part of a wider break up of the Spirit business. The ...

Airbus SE announced that it entered a definitive agreement with Spirit AeroSystems for ... components for A320 and A350 in Prestwick, Scotland. Spirit AeroSystems intends to sell the site of ...

Airbus is taking over most of the operations of the Spirit AeroSystems site next to Prestwick Airport Spirit employed about 1,150 people making the leading edge of wings for the A320 and A350 ...

Europe’s Airbus has reached a deal to acquire manufacturing assets from Spirit AeroSystems as the struggling ... A350 are manufactured at the site in Preswick, Scotland. Additionally, Airbus ...

Europe’s Airbus has finalized an agreement to take some assets from Spirit AeroSystems ... suggest that some work in Belfast and a plant in Prestwick, Scotland, not absorbed by Airbus would ...

It will also acquire production of fuselage, wings and other components in Wichita, Kansas; Belfast, Northern Ireland; and Prestwick, Scotland. Airbus will receive $439 million in compensation from ...