Boeing Considers Reacquiring Spirit AeroSystems Amid Quality Concerns

TL;DR Summary
Boeing is reportedly in talks to repurchase Spirit Aerosystems, the fuselage maker for its 737 Max jets, as both companies work to address manufacturing defects. This comes after a section of a Boeing 737 Max 9 plane blew out during a flight, leading to investigations and the temporary grounding of the planes. Spirit Aerosystems had a market capitalization of $3.3 billion as of Thursday’s close, and about 70% of its revenue last year came from Boeing. Boeing and Spirit Aerosystems declined to comment on the acquisition talks.
Topics:business#737-max#acquisition-talks#boeing#business-aviation#manufacturing-flaws#spirit-aerosystems
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